Market & Industry
Geely chairman Li Shufu may not attend Daimler shareholders meeting
Geely chairman Li Shufu may not attend Daimler shareholders meeting

Li Shufu, Chairman of Zhejiang Geely Holding Group (Geely), may not attend the annual shareholders' meeting of Daimler AG that will kick off on April 5, insiders revealed to media.

Apr. 4 , 2018
GAC Toyota sees YoY sales growth of 15.8% in Q1
GAC Toyota sees YoY sales growth of 15.8% in Q1

GAC Toyota reported its Q1 sales of 117,000 units, jumping 15.8% over the previous year. In March, GAC Toyota delivered 41,780 units with a YoY growth of 14.1%, according to GAC Toyota.

Apr. 3 , 2018
Mazda China sales jump 20.2% YoY in first quarter
Mazda China sales jump 20.2% YoY in first quarter

Mazda Motor (China) Co., Ltd (Mazda China) announced on April 3rd that the company delivered a total of 77,450 vehicles in China in the first quarter of this year, jumping 20.2% year on year.

Apr. 3 , 2018
Hongqi H5, first China-branded luxury B-class model to hit market at Auto China 2018
Hongqi H5, first China-branded luxury B-class model to hit market at Auto China 2018

All-new Hongqi H5 will hit the market on Apr. 25 at Auto China 2018. The highly-anticipated new model is not only the first model after Hongqi released its strategy, but also China’s first luxury B-class vehicle model.

Apr. 2 , 2018
Sokon, Baidu sign cooperation framework agreement to deepen cooperation
Sokon, Baidu sign cooperation framework agreement to deepen cooperation

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon) signed a strategic cooperation framework agreement with Baidu on April 2.

Apr. 2 , 2018
NIO Capital, G7, GLP co-fund new energy autonomous truck company
NIO Capital, G7, GLP co-fund new energy autonomous truck company

According to official news, G7, Global Logistic Properties (GLP) and Nio Capital jointly announced that three parties will co-fund a new technology company that is controlled by G7, a China’s Internet of Things (IoT) technology company.

Apr. 2 , 2018