Market & Industry
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
2017 Audi New Action in China:Launch More Than 10 New Models
2017 Audi New Action in China:Launch More Than 10 New Models

In 2016, the Audi brand continued leading China's luxury car market with annual accumulative total sales of 589088 vehicles. But in 2017 Audi will continue to face strong pressure of the luxury car market, so in the new year Audi will also strive to

Jan. 10 , 2017
Geely targets 31% sales growth in 2017
Geely targets 31% sales growth in 2017

Geely Automobile Holdings aims to sell 1 million vehicles globally this year, up 31 percent from 2016.

Jan. 10 , 2017
Chinese ride-hailing company Didi invests in Brazilian counterpart
Chinese ride-hailing company Didi invests in Brazilian counterpart

Didi Chuxing, China's largest ride-hailing company, has invested in its Brazilian counterpart 99 in a bid to explore the global market.

Jan. 10 , 2017
Volvo Has 5 New Models on the Way to Break 100K Units
Volvo Has 5 New Models on the Way to Break 100K Units

Volvo has achieved good results in 2016 with its total sales of Chinese market reached 90,930 units, 11.5% increased comparing with the 81588 units in 2015, contributed by its rich products line. In 2017, Volvo will continue to have new products hit

Jan. 10 , 2017