Market & Industry
Beijing Hyundai fourth-generation Tucson hits market with price starting from RMB155,900
Beijing Hyundai fourth-generation Tucson hits market with price starting from RMB155,900

Beijing Hyundai will officially launch the fourth-generation Tucson into local market on November 23. Tailored for Chinese consumers, the new Tucson is positioned as an “intelligent SUV controlled with freedom”.

Nov. 23 , 2018
All-new Mercedes-Benz A-Class L sedan hits China to rival BMW 1 Series, Audi A3
All-new Mercedes-Benz A-Class L sedan hits China to rival BMW 1 Series, Audi A3

The all-new Mercedes-Benz A-Class L sedan will officially hit China’s market on November 23. Offering 5 variants at the preliminary stage, the China-made model’s presale has started in early November with prices ranging from RMB216,000.

Nov. 23 , 2018
China luxury car sales climb in Oct. despite overall vehicle sales drop
China luxury car sales climb in Oct. despite overall vehicle sales drop

By compiling the sales data released by corresponding automakers, Gasgoo found out that who will be the champion by annual sales in China is getting more and more suspenseful.

Nov. 23 , 2018
Volvo Cars Polestar first production base to open in Chengdu
Volvo Cars Polestar first production base to open in Chengdu

Polestar, Volvo Cars-owned electric performance car brand, showcased the Polestar 1 at the Auto Guangzhou 2018 kicking off on November 16. The automaker revealed that its first production base will be located in Chengdu, capital of Sichuan province.

Nov. 21 , 2018
Dongfeng forms two new companies by integrating 6 auto parts subsidiaries
Dongfeng forms two new companies by integrating 6 auto parts subsidiaries

On November 17 and 18, Dongfeng Motor Corporation saw two new subsidiaries established after integrating businesses of six auto parts units, according to the automaker’s official WeChat account.

Nov. 21 , 2018
Baoneng Group plows RMB3 billion to deepen EV power battery deployment
Baoneng Group plows RMB3 billion to deepen EV power battery deployment

A company dubbed Shenzhen Hongpeng New Energy Technology Co.,Ltd was registered on November 19 with a registered capital of RMB3 billion. It is noteworthy that the amounts of capital subscribed by Baoneng Group reach RMB2.97 billion.

Nov. 20 , 2018