Market & Industry
Total sales volume of FAW Toyota will Reach 6m units, Doubling in five years
Total sales volume of FAW Toyota will Reach 6m units, Doubling in five years

​It’s known that FAW Toyota will hold a ceremony celebrating its total sales volume reaches 6m units in September 15th. It takes only five years for FAW Toyota to sell 3m units.

Sep. 6 , 2017
The First Haval SUV Franchised Store opens on Saudi Arabia
The First Haval SUV Franchised Store opens on Saudi Arabia

GWM Haval SUV officially lands in Saudi Arabia in August, with its first franchised store opening in Guida. To ensure the steady operation of the franchised store, GWM conducts cooperation with its dealership ADMC.

Sep. 6 , 2017
Great Wall Motor August sales not a strong recovery
Great Wall Motor August sales not a strong recovery

Great Wall Motor, sold 73,663 new vehicles in August, with a year-on-year increase of 0.8 percent. Over the last eight months, the company’s sales total 603,469 units, up 1.88 percent compared with the same period of last year.

Sep. 6 , 2017
JAC SUV Net Profit Falls by 40.31% in the First Half Year
JAC SUV Net Profit Falls by 40.31% in the First Half Year

August 31, JAC released its 2017 semi-annual report, which shows operating income of JAC in the first half of 2017 is 25.313 billion yuan, a year-on-year decrease of 4.08%. Net profit of the shareholders is 345 million yuan.

Sep. 4 , 2017
GAC Trumpchi Makes Use of its Advantages to Cope with “Double Credit” Pressure
GAC Trumpchi Makes Use of its Advantages to Cope with “Double Credit” Pressure

GAC Trumpchi achieves rapid growth when domestic auto market shows slowing growth rate.It launches two SUV models GS7 and GS3 in Wuzhen. “These are two important and strategic models of GAC Trumpchi。

Sep. 4 , 2017
GAC New Energy begins Construction on Plants with Annual Capacity of 200,000 units
GAC New Energy begins Construction on Plants with Annual Capacity of 200,000 units

Currently, GAC New Energy factory begins its operating construction. According to the GAC Group “153” new energy strategy plan, it plans to invest RMB 4.69b for the construction and implementation of alternative energy vehicle projects.

Sep. 4 , 2017