Market & Industry
China’s FAW Car Failed to Decrease Dealer Inventory

Dealerinventory coefficient of FAW CAR, one of leading automakers in China, was 2.5, with a monthly rise of 12% and yearly decrease of 8%, in June, higher than that of the whole industry, about 1.55.

Jul. 25 , 2016
Imported vehicle market stays slow in the first half of year, while parallel-import vehicles keeps growth

Wang Cun, Senior Manager of Marketing and Sales Department, Sinomach Automobile Co. Ltd, said on the 2016 China Auto Market Development Trend Forum that, imported vehicles and super-luxury vehicles are performedagainst the market trend in the first half of year, with the sales volume of imported vehicles decreasing 9.35% and super-luxury vehicles declining more than 20%. Only parallel-import vehicles keep growth.

Jul. 25 , 2016
Didi and Uber denied cooperation rumor, and fierce price war will go on

Rumor of cooperation between Didi and Uber comes around. But the two sides all denied the rumor when receiving interviews from reporters.

Jul. 25 , 2016
Can auto companies rely on subsidiaries? Half-year sales volume of alternative energy vehicles has not reached 1/4 target

Alternative energy vehicles now also face sales trouble. According to data published by China Association of Automobile Manufacturers (CAAM), alternative energy vehicles have a sales volume of 170,000 units in the first half of year across the nation, increasing 126.9%. Despite of the high growth, the sales volume has great distance with the annual 700,000 units’ target.

Jul. 21 , 2016
Internet Connected Vehicles Debuted on the Auto Show in China

Roewe Urban SUV, a mode of Internet Connected Vehicle developed by SAIC, one of leading automakers in China, and Alibaba, which is an Internet giant in this country, also debuted on the auto show, attracting attention from people. It is reportedly the first mode of Internet Connected Vehicle that has been put into mass production and brought to the market recently.

Jul. 20 , 2016
90% Auto Companies have not achieved sales target, GWM’s target gap reaching about 80,000 units

Data released by CPCA shows that SAIC Volkswagen, BAIC Volkswagen and SAIC General Motors rank top 3 in terms of sales volume in the first half of 2016. SAIC Volkswagen wins champion of the domestic passenger vehicle market, with the sales volume reaching 970,000 units.

Jul. 19 , 2016