Market & Industry
Imported vehicles in first three quarters increases only 1.9%
Imported vehicles in first three quarters increases only 1.9%

From January to September, the total number of imported cars was 884,000, with a year-on-year growth rate of 18.2%. As such, the import of September reached 103,000, with a year-on-year growth of 26.1%

Nov. 15 , 2017
NDRC to release auto industry antimonopoly guideline
NDRC to release auto industry antimonopoly guideline

Auto Industry Antimonopoly Guideline has been completed and would come out soon.

Nov. 15 , 2017
Huawei cooperates with PSA in connected vehicle technology
Huawei cooperates with PSA in connected vehicle technology

According to PSA website, the automaker will cooperate with Huawei to develop a global IoT platform named the Connected Vehicle Modular Platform (CVMP).

Nov. 15 , 2017
Top 10 vehicle models by October sales
Top 10 vehicle models by October sales

Passenger vehicle sales of October increased 0.2 percent to 2.316 million units, according to the China Passenger Car Association (CPCA).

Nov. 14 , 2017
Financial Results in First Three Quarters of Chinese Automakers
Financial Results in First Three Quarters of Chinese Automakers

Affected by the slower growth in domestic passenger vehicles’ output and sales, several Chinese automakers’ financial results in the first three quarters showed different degrees of decrease.

Nov. 14 , 2017
Geely’s first flying car will cost RMB 3 million
Geely’s first flying car will cost RMB 3 million

Geely announced that it has completed the acquisition of American flying-car startup Terrafugia. According to the statement, Geely will acquire Terrafugia’s all businesses and assets and the deal has been approved by relevant regulatory authorities.

Nov. 14 , 2017