Market & Industry
FAW release announcement: leader transference with Changan
FAW release announcement: leader transference with Changan

On the morning of August 2, FAW issued a formal announcement that Xu Liuping was appointed the chairman and party secretary of China First Automobile Group Corporation.

Aug. 3 , 2017
VIA stays high in July
VIA stays high in July

Currently, data from CADA shows that Vehicle Inventory Alert Index shows 52.5% in July, decreasing 5.7 percentage points than the previous month, but it still stays higher than the 50% alert line.

Aug. 3 , 2017
Roewe will launch three models for a better sales record
Roewe will launch three models for a better sales record

Roewe has a total sales volume of 171,620 units in the first half of year, increasing 141.9% year-on-year.

Aug. 3 , 2017
Rumor comes out that Xu Liuping will take office in FAW
Rumor comes out that Xu Liuping will take office in FAW

Domestic media revealed on July 31st that rumor came out that Xu Ping, Board Director and Party Committee Secretary of FAW Group, would exchange positions with Xu Liuping, General Manager,Director of China South Industries Group Corporation.

Aug. 1 , 2017
Joint-venture auto companies face general sales declines
Joint-venture auto companies face general sales declines

The newly-released semi-annual reports show that self-independent brands keep high growths in the first half of year, with Geely, SAIC and Chery all growing more than 50%.

Aug. 1 , 2017
Great Wall SUV Strategy Faces Test
Great Wall SUV Strategy Faces Test

Great Wall Auto released 2017 interim results: sales in the first half of the year totaled 41.26 billion yuan, a year-on-year decrease of 1%, with net profit of 2.501 billion yuan, falling by 49.42% compared with the previous year.

Jul. 31 , 2017