Market & Industry
Leap Motor forms strategic partnership with 38 auto parts companies
Leap Motor forms strategic partnership with 38 auto parts companies

Leap Motor, a Hangzhou-based new energy vehicle (NEV) startup announced on March 26 that the company formed strategic partnerships with a total of 38 enterprises of auto parts, including Fuyao Group, Wanxiang Group, Baoshan Iron & Steel Co.,Ltd.

Mar. 28 , 2018
GAC Trumpchi to set up sales company in North America
GAC Trumpchi to set up sales company in North America

GAC Trumpchi plans to set up a sales company in North America and a trade platform in Hong Kong, according to the official source from GAC Trumpchi.

Mar. 27 , 2018
MIIT issues Key Tasks for Standardization on ICV in 2018
MIIT issues Key Tasks for Standardization on ICV in 2018

On March 27, the Ministry of Industry and Information Technology of the People's Republic of China (MIIT) issued the Key Tasks for the Standardization in Intelligent-connected Vehicles (ICV) in 2018 to boost the ICV development in China.

Mar. 27 , 2018
Car owners discredit Dongfeng Nissan’s measures of tackling with brake defect
Car owners discredit Dongfeng Nissan’s measures of tackling with brake defect

Dongfeng Nissan released a recall plan involving a total of 689,000 vehicles at the end of February. It is the defect in brake that triggered the recall. However, it is odd that the quality complaints were still escalating after the recall released.

Mar. 26 , 2018
Great Wall Motor net profit nosedives 52.35% YoY to RMB 5.027 billion in 2017
Great Wall Motor net profit nosedives 52.35% YoY to RMB 5.027 billion in 2017

Great Wall Motor Company Limited announced that the company achieved operation revenue of RMB 101.169 billion in 2017, increasing 2.59% year on year. The net profit attributable to shareholders slumped 52.35% from a year earlier to RMB 5.027 billion.

Mar. 26 , 2018
Ford, Alibaba roll out test-drive services via "auto vending machine"
Ford, Alibaba roll out test-drive services via "auto vending machine"

Ford Motor and Changan Ford (Ford Motor’s joint venture with Changan Auto) joins hands with Tmall auto platform (one of Alibaba’s businesses) to unveil an all-new test-drive project for the automakers’ all-new brands in Guangzhou on March 26.

Mar. 26 , 2018