Market & Industry
Chinese auto market has a total sales volume of 13.35m units in the first half of year, with obvious declines in passenger vehicles market
Chinese auto market has a total sales volume of 13.35m units in the first half of year, with obvious declines in passenger vehicles market

CAAM released the latest production and sales data on July 11th showing that the production and sales volume in June reach 2.17m units and 2.17m units respectively, increasing 3.9% and 3.6% month-on-month and growing 5.4% and 4.5% year-on-year.

Jul. 12 , 2017
Robin Li responses for the First Time: Driverless Car Is Safer than Drivers
Robin Li responses for the First Time: Driverless Car Is Safer than Drivers

He responded for the first time in the report that the driverless car is sure to be safer than the human drivers in the future when the technology of driverless car is mature.

Jul. 12 , 2017
Chinese power batteries are chasing after Japanese and Korean products
Chinese power batteries are chasing after Japanese and Korean products

BAIC Motor signed a new framework agreement with Daimler on July 5th to co-invest RMB 5b to establish a BEV production base and power battery factory in Beijing.

Jul. 11 , 2017
FAW - Volkswagen Launches 23 New Models in the Next Two Years
FAW - Volkswagen Launches 23 New Models in the Next Two Years

At the meeting, Sun Huibin, board secretary of FAW - Volkswagen, and director of general manager office, announced for the first time to the public that FAW - Volkswagen will launch the third brand in the future.

Jul. 10 , 2017
FAW-Volkswagen sold nearly 650,000 units in the first half of year, growing 4.3% year-on-year
FAW-Volkswagen sold nearly 650,000 units in the first half of year, growing 4.3% year-on-year

​FAW-Volkswagen reaches a total sales volume of 900,000 units in the first half of 2017. It’s known that Volkswagen sold 649,000 units in the first half of year with a year-on-year growth of 4.3%.

Jul. 7 , 2017
Geely’s sales volume increases 89% in the first half of year, adjusting its annual target to 1.1m units
Geely’s sales volume increases 89% in the first half of year, adjusting its annual target to 1.1m units

Geely Auto released its sales volume on July 6th showing that Geely Auto sold 88,773 units in June with a year-on-year growth of 91%. Domestic sales volume reaches 87,969 units with a year-on-year growth of 93%.

Jul. 7 , 2017