Market & Industry
LETV obtains RMB 15b investment from Sunac China, no auto business involved
LETV obtains RMB 15b investment from Sunac China, no auto business involved

On January 15th, LETV held a press conference with Sunac China, announcing that Sunac China would invest RMB 15b in LETV and other non-listed businesses. It’s the first time that LETV welcomes its second biggest shareholder in history.

Jan. 16 , 2017
FAW TOYOTA Sales Increase 6.6% in 2016, 700 Thousand Challenge in 2017
FAW TOYOTA Sales Increase 6.6% in 2016, 700 Thousand Challenge in 2017

Netcom agency learned from FAW TOYOTA official that in 2016 the annual total sales of FAW TOYOTA were 658 thousand and 800 new vehicles, an increase of 6.6%, exceeding the annual sales target.

Jan. 16 , 2017
Toyota to recall 15,865 units of Lexus in China
Toyota to recall 15,865 units of Lexus in China

TOYOTA will recall 15,865 imported Lexus vehicles across the Chinese mainland due to defective airbags, according to the country's quality watchdog.

Jan. 16 , 2017
Annual Sales of Chery increased 28%, 8 new models to be launched
Annual Sales of Chery increased 28%, 8 new models to be launched

Official data shows that Chery Group has an annual sales volume of 704,700 units, increasing 28% and hitting a historical high.

Jan. 13 , 2017
Sales of Second Camp Collectively Exceeded 100 Thousand, Regeneration Pattern of Luxury Car
Sales of Second Camp Collectively Exceeded 100 Thousand, Regeneration Pattern of Luxury Car

In 2016, domestic luxury car market achieved a growth with 15.6%, which was different from the previous growth driven by the "three carriages" (Audi, BMW and Benz), concentrated advance of the second and third tier luxury car companies has become hot

Jan. 12 , 2017
Changan CS55 is to hit the Market in the Second Half of 2017
Changan CS55 is to hit the Market in the Second Half of 2017

Changan CS55, which is positioned between CS35 and CS75 and equipped with 1.5T engine, is expected to go on sales in the second half of this year.

Jan. 12 , 2017