Market & Industry
China vehicle sales climb 4.79% year on year in June
China vehicle sales climb 4.79% year on year in June

In June, the total vehicle outputs and sales in China reached 2.2896 million units and 2.2737 million units, up by 5.77% and 4.79% year on year, while edging down 2.33% and 0.61% over the previous month, according to the data released by CAAM.

Jul. 11 , 2018
Roundup of partnerships in auto industry during visit of Premier Li Keqiang to Germany
Roundup of partnerships in auto industry during visit of Premier Li Keqiang to Germany

Germany and China signed a raft of commercial accords worth some 20 billion euros ($23.5 billion) on July 9, especially in auto industry. This article rounds up the cooperation between automakers between Germany and China in recent days.

Jul. 11 , 2018
Zotye sales exceed 150,000 in first half of 2018
Zotye sales exceed 150,000 in first half of 2018

Zotye’s current full line-up covers the SUV, sedan and full electric vehicle. In the first half of 2018, sales grew by 45 percent compared to the year before, to a total of 154,307 units.

Jul. 11 , 2018
Didi Chuxing, Continental AG agree deal to develop ICV
Didi Chuxing, Continental AG agree deal to develop ICV

Chinese ride-hailing giant Didi Chuxing announced on July 10 that it has struck a strategic deal with German automotive supplier Continental AG to jointly research and develop intelligent and connected vehicles (ICV).

Jul. 10 , 2018
118th partner, BMW joins Baidu Apollo to serve China market
118th partner, BMW joins Baidu Apollo to serve China market

German premium automaker BMW Group and Chinese Internet giant Baidu signed a Memorandum of Understanding (MoU) on July 10, under which the BMW Group will join the Apollo, Baidu’s open autonomous driving platform.

Jul. 10 , 2018
BMW, GWM sign contract on JV operation
BMW, GWM sign contract on JV operation

In the presence of China’s Prime Minister Li Keqiang and Germany’s Chancellor Angela Merkel, BMW (Netherland) Holding Ltd. (BMW) awarded a contract on joint venture (JV) operation with China’s Great Wall Motor (GWM) on July 10.

Jul. 10 , 2018