Market & Industry
Li Shufu increases holdings of Geely Auto with about HKD 600m for consecutive two days
Li Shufu increases holdings of Geely Auto with about HKD 600m for consecutive two days

Data shows that Li Shufu increases holdings of Geely Auto of 28.39m shares and 37.39m shares on December 6th and 7th respectively, with a price of HKD 7.85 and 8.19.

Dec. 14 , 2016
Models S involved in Takata air bag recalling incident, Chinese market isn’t informed
Models S involved in Takata air bag recalling incident, Chinese market isn’t informed

NHTSA released a model list involving 19 auto companies using the problem airbags. New entrants include Tesla 2012-2016 Model S.

Dec. 14 , 2016
Ford makes plans in case of China year-end tax surprise
Ford makes plans in case of China year-end tax surprise

BEIJING -- Ford Motor Co. expects China to wait until the last possible moment to announce whether it will extend a tax cut on vehicles with small engines set to expire at year end, a company executive says.

Dec. 14 , 2016
China's vehicle sales rise 17% in November on tax incentives
China's vehicle sales rise 17% in November on tax incentives

Light-vehicle deliveries in China rose 17 percent year on year to 2.59 million units in November, as shoppers rushed to buy small vehicles before government tax incentives expire.

Dec. 14 , 2016
Mr. Jia Yueting: capital chain of LeEco will recover in 3-4 months
Mr. Jia Yueting: capital chain of LeEco will recover in 3-4 months

The letter caused a great disturbance. Some of the skeptics and competitors began to blame LeEco and some supporters became hesitate and changing from support to wait-and-see. While Mr Jia said he has no regret for this.

Dec. 13 , 2016
Middle-end brands explore middle-size SUV market
Middle-end brands explore middle-size SUV market

The hottest middle-size SUV market has attracted many auto companies’ attention. Middle-size SUV models from GAC Honda, Chana Ford, Shanghai General Motors, GAC Trumpchi and GAC Toyota have been launched, which will be followed by Chana Auto and Dong

Dec. 13 , 2016