Market & Industry
The First Haval SUV Franchised Store opens on Saudi Arabia
The First Haval SUV Franchised Store opens on Saudi Arabia

GWM Haval SUV officially lands in Saudi Arabia in August, with its first franchised store opening in Guida. To ensure the steady operation of the franchised store, GWM conducts cooperation with its dealership ADMC.

Sep. 6 , 2017
Great Wall Motor August sales not a strong recovery
Great Wall Motor August sales not a strong recovery

Great Wall Motor, sold 73,663 new vehicles in August, with a year-on-year increase of 0.8 percent. Over the last eight months, the company’s sales total 603,469 units, up 1.88 percent compared with the same period of last year.

Sep. 6 , 2017
Sales volume of Luxgen Decreases 68.7% in August and it accelerates the Layout of 18 New Models
Sales volume of Luxgen Decreases 68.7% in August and it accelerates the Layout of 18 New Models

​Luxgen brand sells 1,000 units in August with year-on-year decline of 68.7%. According to Dongfeng Yulong 510 plan, it will launch 10 new models in the future five years with eight alternative energy versions.

Sep. 5 , 2017
GAC Trumpchi Makes Use of its Advantages to Cope with “Double Credit” Pressure
GAC Trumpchi Makes Use of its Advantages to Cope with “Double Credit” Pressure

GAC Trumpchi achieves rapid growth when domestic auto market shows slowing growth rate.It launches two SUV models GS7 and GS3 in Wuzhen. “These are two important and strategic models of GAC Trumpchi。

Sep. 4 , 2017
GAC New Energy begins Construction on Plants with Annual Capacity of 200,000 units
GAC New Energy begins Construction on Plants with Annual Capacity of 200,000 units

Currently, GAC New Energy factory begins its operating construction. According to the GAC Group “153” new energy strategy plan, it plans to invest RMB 4.69b for the construction and implementation of alternative energy vehicle projects.

Sep. 4 , 2017
Guangzhou Automobile Group will increase 15 billion Yuan to improve the ability of independent research
Guangzhou Automobile Group will increase 15 billion Yuan to improve the ability of independent research

Guangzhou Automobile Group made an announcement which showed that the Chinese Commission has approved GAC’ s application for an increase of 15 billion Yuan to mainly improve the product development capabilities of independent brands.

Sep. 1 , 2017