Market & Industry
FAW-VW sets annual sales target of 1,450,000 vehicles in 2018
FAW-VW sets annual sales target of 1,450,000 vehicles in 2018

FAW-VW will reportedly release 5 new heavyweight models in 2018, including two SUV models, the all-new CC, the all-new Bora and the new Golf Sportsvan. Besides, it sets an annual sales target of 1,450,000 vehicles in 2018.

Jan. 22 , 2018
Chinese entrants in intelligent driving domain
Chinese entrants in intelligent driving domain

In the past 2017, several intelligent vehicle-related startups being built last year and some e-commerce or smart phone giants in China also had movements in this field.Let’s count those entrants in intelligent-connected vehicle area last year.

Jan. 22 , 2018
BAIC aims to sell 3 million vehicles in 2018
BAIC aims to sell 3 million vehicles in 2018

In 2017, BAIC Group posted a total operating revenue of RMB 470.34 billion, increasing 15.8 percent from a year earlier, according to the announcement of BAIC. The state-owned automaker aims to push up the sales to 3 million units in 2018.

Jan. 22 , 2018
Analysis of China’s SUV sales in December
Analysis of China’s SUV sales in December

According to data released by the China Passenger Car Association, in December, 2017, China’s PV sales decreased 0.12% year on year. The PV’s annual sales of 2017 increased 2.36% from a year earlier in China.

Jan. 18 , 2018
WEY to provide 3 preferential vehicle-buying policies
WEY to provide 3 preferential vehicle-buying policies

WEY (a brand of Great Wall Motor) announced that it plans to increase the total number of its 4S shops to 300 by the end of 2018. Besides, WEY will provide more vehicle-buying preferential policies to meet market demands.

Jan. 18 , 2018
Only 60% mainstream automakers achieve annual sales target
Only 60% mainstream automakers achieve annual sales target

Among all 9 local auto brands, only Geely Auto and GAC Passenger Vehicles, the self-owned brand of GAC Group, succeeded in finishing their annual sales target. The joint ventures had a better performance in completing their sales goals.

Jan. 18 , 2018