Market & Industry
Great Wall ends transmission supply cooperation with Hyundai Powertech
Great Wall ends transmission supply cooperation with Hyundai Powertech

a local media got information from the automaker that as its own 7-speed dual-clutch transmission has been fitted into WEY VV7 and will be used in all models covering Haval H2 and H7, it will stop the cooperation with Hyundai Powertech.

Oct. 23 , 2017
FAW Car profit soars nearly 150% in the previous three quarters
FAW Car profit soars nearly 150% in the previous three quarters

AW Car released its performance forecast for the previous three quarters on October 14th and said that the net profit is expected to range between RMB 275m and 305m in the previous nine months, growing 138.42% to 142.61% year-on-year.

Oct. 20 , 2017
BYD said to cooperate with Microsoft to develop intelligence ecological chain
BYD said to cooperate with Microsoft to develop intelligence ecological chain

On Oct. 18, Microsoft and BYD Auto held a meeting to discuss cooperation on developing intelligence ecological chain.

Oct. 20 , 2017
SAIC Maxus September sales soars 79%
SAIC Maxus September sales soars 79%

SAIC Maxus September sales soared 79% to 7,637 units. SAIC Maxus aims to have a sales target of 300,000 units in 2020, and the overseas sales will account for 30%.

Oct. 19 , 2017
Dongfeng Honda will take over Shenlong's second factory
Dongfeng Honda will take over Shenlong's second factory

It’s reported that Shenlong’s second factory, known as “PSA Group Global Model Factory”, will accomplish its transfer procedure recently. Dongfeng Honda may be the factory’s new owner.

Oct. 18 , 2017
Chery may be split into four parts and cooperate with Wuliangye to manufacture vehicles
Chery may be split into four parts and cooperate with Wuliangye to manufacture vehicles

Insiders expose that Chery’s brands will be split to sell although it won’t be sold as a whole.

Oct. 18 , 2017