China’s top three self-owned automakers, Geely, Changan and GWM boasted remarkable sales in October. Geely and Changan delivered more than 100,000 units, and GMW’s sales in October also reached approximately 100,000 units.
Nov. 24 , 2017
On November 23, Guangzhou Automobile Group (GAC) signed a strategic cooperation framework agreement with China Mobile to work on such areas as 4G internet of vehicles, 5G in-vehicle communication research.
Nov. 24 , 2017
After the launch of New Tiguan L, Tiguan 300TSI, Teramont and Kodiaq this year, Volkswagen and Skoda brands under SAIC Volkswagen plan to launch six new SUV models in 2018 covering small to large size vehicle markets.
Nov. 23 , 2017
“Up to now, there is no such news.” Ning Shuyong, Qoros’ vice president of marketing and communications, said to a local media as a response to the rumor that Baoneng is the new buyer of Qoros’s shares.
Nov. 23 , 2017
Qoros Auto’s share transfer shows new progress recently. Changjiang Equity Exchange released an announcement on its official website on November 17th, stating that Qoros Auto would transfer its 25% shares with a target price of RMB 1.625 billion.
Nov. 22 , 2017
FAW Car Co., Ltd. released a notice on asset transfer, saying that the company will transfer its asset valued RMB 289 million to China FAW Group Corporation.
Nov. 22 , 2017