Market & Industry
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
China fines GM 201 million yuan for monopolistic pricing
China fines GM 201 million yuan for monopolistic pricing

BEIJING -- China will fine General Motors' joint venture 201 million yuan ($29 million) for monopolistic pricing, state TV reported, ending speculation after an official earlier warned of penalties against an unnamed U.S. carmaker.

Jan. 11 , 2017
Passenger car sales seen to rise moderately in 2017
Passenger car sales seen to rise moderately in 2017

CHINA’S passenger car market is likely to grow moderately in 2017 after hitting a record high last year, as the government has raised the purchase tax, according to an industry report.

Jan. 11 , 2017
Sales Analysis of FAW-Volkswagen in 2016
Sales Analysis of FAW-Volkswagen in 2016

FAW-Volkswagen announced its 2016 sales during the New Year. It has had Volkswagen brand vehicles sold 1,315,188 units last year, 17.3% increased comparing with the 1,121,471 units of 2015.

Jan. 11 , 2017