It is revealed that FAW Hongqi set an annual sales target of 30,000 vehicles in 2018, and the number of its dealers is expected to reach 100 by the end of 2018.
Feb. 13 , 2018
In the first month of 2018, many overseas automakers have released their annual sales in China last year. According to the official reports from corresponding automakers, General Motor and Volkswagen's China sales all exceed 4 million units.
Feb. 12 , 2018
In spite of the slower growth of China auto sales, many suppliers still had outstanding performance in 2017. Federal-Mogul is a case in point. It is said that Federal-Mogul’s sales growth was 4-5 times higher than the overall auto market.
Feb. 12 , 2018
China’s new energy passenger vehicle sales skyrocketed 480 percent year on year to 31,638 units, according to the China Passenger Car Association. But the segment’s January sales fell slightly when compared with the sales of the previous month.
Feb. 10 , 2018
BYD and Maodou.com recently established a strategic partnership. BYD’s models including the Song and Song Max will be available on Maodou.com. Customers can buy a new car valued RMB 99,900 with down payment of only RMB 9,900.
Feb. 10 , 2018
SAIC Group released its output and sales for January on Feb. 8, showing that its overall January sales increased 13.13% year on year to 712,152 units. Meanwhile, its output reached 727,985 units with a YoY growth of 22.02%.
Feb. 9 , 2018