Market & Industry
FAW Toyota aims at system reform and raises annual sales target twice
FAW Toyota aims at system reform and raises annual sales target twice

After the first sales volume target adjustment at the middle of this year, raises the sales expectation again, just prior to the Guangzhou Auto Show. Its 2016 sales expectation has increased from 620,000 units, 630,000 units to 650,000 units.

Dec. 2 , 2016
Strengthen Tiggo to Improve Its Competitiveness in Small SUV Market
Strengthen Tiggo to Improve Its Competitiveness in Small SUV Market

According to Chery, thanks to Arrizo and Tiggo, the sales in October 2016 grew by 58.4% year-on-year. Tiggo 3X was officially launched on November 15th, with the guidance price of 58,900 to 80,900 yuan.

Dec. 2 , 2016
Zotye T600’s Urban Version is to be Listed in Q2 Next Year
Zotye T600’s Urban Version is to be Listed in Q2 Next Year

Recently, resources from Zotye Auto showed that, the urban version of Zotye T600 will coming into the market in the 2nd quarter of 2017 with newly added 1.8T engine.

Dec. 2 , 2016
Right-protection dealership team expands, and Porsche’s union with SAIC may solve the dilemma
Right-protection dealership team expands, and Porsche’s union with SAIC may solve the dilemma

According to reporters, currently the number of FAW-Audi dealership team has expanded from 200 to 400.

Nov. 30 , 2016
Influenced by continuous localization process, imported SUV account for less than 60% shares for the first time
Influenced by continuous localization process, imported SUV account for less than 60% shares for the first time

Sinomach Automobile released 2016-2017 Research Report on the Development of China’s Imported Auto Market on the forum.

Nov. 30 , 2016
China's Narada forms JV to produce lithium ion batteries
China's Narada forms JV to produce lithium ion batteries

Swiss battery maker Leclanche SA is partnering with Zhejiang Narada Power Source Co., a leading Chinese battery supplier, to produce lithium ion batteries for electric buses, electric cars and industrial energy storage.

Nov. 30 , 2016