Market & Industry
Harmony Auto expects over RMB 1 billion net profit in 2017
Harmony Auto expects over RMB 1 billion net profit in 2017

China Harmony New Energy Auto Holding Limited (Harmony Auto) announced that it expects net profit to top RMB 1 billion in 2017, in contrast to a net loss of around RMB 370 million in the previous year.

Jan. 23 , 2018
Chery Auto launches new sub-brand Jetour
Chery Auto launches new sub-brand Jetour

Chery Auto launched a new sub-brand, dubbed Jetour, under Chery Commercial Vehicle in Beijing, not long after the automaker getting rid of the controlling shares of Qoros and Cowin.

Jan. 23 , 2018
FAW-VW names Marco Schubert as Audi new sales general manager
FAW-VW names Marco Schubert as Audi new sales general manager

According to official news, Marco Schubert will become the new general manager of FAW-VW’s Audi sales division. He succeeds Michael-Julius Renz who will leave for Germany to become the new CEO of Audi Sport GmbH.

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 Sedan Sales in December 2017
Analysis of China's Sedan Sales in December 2017

According to the data released by China Passenger Car Association (CPCA), China’s sedan sales reached 1,206,652 units, down 3.4% year on year.

Jan. 19 , 2018