Market & Industry
Great Wall Motor Yongchuan production base starts construction
Great Wall Motor Yongchuan production base starts construction

According to local media, Great Wall Motor’s production base in Yongchuan District, Chongqing (hereinafter, the Yongchuan base) officially started construction on March 28.

Mar. 28 , 2018
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
Lynk & Co plans to roll out PHEVs
Lynk & Co plans to roll out PHEVs

An Conghui, president of Geely, revealed in an interview on March 27 that its NEV sales will account for 90% of the company’s total sales in 2020. He also added that the company will launch PHEVs starting with Lynk & Co 03.

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