Market & Industry
2018 Sales Target of Some Local Automakers
2018 Sales Target of Some Local Automakers

It seems that the growth rate of China auto sales will be lower. However, a lot of local automakers have still set an annual sales target with an expected year-on-year growth much higher than the estimated average growth.

Feb. 1 , 2018
FAW-Mazda sells 13,476 units in January, the fifth consecutive month topping 10,000
FAW-Mazda sells 13,476 units in January, the fifth consecutive month topping 10,000

FAW-Mazda reported that the company delivered a total of 13,476 vehicles in January 2018, which has achieved monthly sales exceeding 10,000 units for 5 consecutive months.

Feb. 1 , 2018
GAC Mitsubishi January sales surges 96% year on year
GAC Mitsubishi January sales surges 96% year on year

GAC Mitsubishi Motors Co., Ltd (GMMC) reported that the company delivered a total of 15,682 units in January of 2018, skyrocketing 96% year on year, which set a new monthly sales record in history.

Feb. 1 , 2018
Pony.ai launches China’s first trial operation of autonomous vehicles
Pony.ai launches China’s first trial operation of autonomous vehicles

Pony.ai, a Chinese autonomous driving startup, announced that it will start an autonomous vehicle trial operation in Nansha, Guangdong Province.

Jan. 31 , 2018
GAC Honda, GAC Trumpchi announce generous bonus for staff
GAC Honda, GAC Trumpchi announce generous bonus for staff

The 2017 year-end bonus of GAC Trumpchi will be up to 12 months of salary. Besides, staff of the automaker will receive 10 percent higher salary this year than that of last year.

Jan. 31 , 2018
Jinbei expects net profit to soar 147.98% year on year
Jinbei expects net profit to soar 147.98% year on year

Jinbei Auto released its 2017 financial results on Jan. 31, expecting that it would gain annual net profit of RMB 100 million with a surge of 147.98%, compared to the loss of RMB 208 million in 2016.

Jan. 31 , 2018