Market & Industry
China auto industry to undergo 4 main changes this year
China auto industry to undergo 4 main changes this year

Autonomous vehicles will be mass produced this year. Baidu seems determined to produce autonomous vehicles ahead of the industry to gain more market shares.

Jan. 5 , 2018
Mazda 2017 sales exceeds 300,000 vehicles in China
Mazda 2017 sales exceeds 300,000 vehicles in China

According to Changan Mazda Automobile Co., Ltd (Changan Mazda), its monthly sales in December, 2017 exceeded 20,000 thousand units.

Jan. 5 , 2018
Honda China sales top 1.44 million, another record
Honda China sales top 1.44 million, another record

In 2017, Honda delivered a record-high sales volume of 1,441,307 vehicles in China, growing 15.5 percent compared with the previous year.

Jan. 4 , 2018
Wuliangye Group acquires stakes of Cowin Auto
Wuliangye Group acquires stakes of Cowin Auto

Chery Automobile released an announcement on Jan. 2, saying that its subsidiary, Cowin Auto will transfer 51% of its stake, which is worth RMB 2.494 billion.

Jan. 4 , 2018
SAIC MOTOR annual sales exceed 6,930,000 in 2017
SAIC MOTOR annual sales exceed 6,930,000 in 2017

According to SAIC MOTOR, in 2017, the annual sales of SAIC MOTOR reached 6,930,123 units, increasing 6.8% year on year. The group produced 6,987,355 vehicles throughout 2017 with growth of 8.22% from a year earlier.

Jan. 4 , 2018
Qoros changes legal representative
Qoros changes legal representative

On December 29, 2017, Chen Anning, general manager of Chery Automobile Co.,Ltd (Chery) and president of Qoros Automotive Co., Ltd (Qoros) was no longer the legal representative of Qoros.

Jan. 4 , 2018