According to China Passenger Car Association, the production of strictly defined passenger vehicles nationwide in China stood at 1,754,000 units, down by 14.2% against this March while up by 6.7% against last April. In the meantime, China has sold 1,638,000 passenger vehicles, down by 11.1% against this March while up by 8.1% against last April. For the first four months of 2016, the production of strictly defined passenger vehicles totaled 7,191,000 units, up by 7.7% compared against the same period last year while the sales of that totaled 7,081,000 units, up by 9%. Cui Dongshu, the general secretary of China Passenger Car Association, concluded that China auto sales fall below expectation this April.
May 23 , 2016Compared with March, the MPV market has a generally poor performance in April. The greatest fall belongs to SGMW Hongguang and Baojun 730. The monthly sales of Baojun 730 decreases from 40,000 units in January to 15,100 units in April. SGMW Hongguang also drops 15,900 units’ sales in April. With SGMW’s efforts, consumers are turning to SUV market. Some analysts say the price war between auto companies will result in dropping sales of MPV models.
May 23 , 2016According to a notice released by the Ministry of Industry and Information Technology of Cangzhou, in a bid to promote the development of alternative energy vehicles in this city, consumers of alternative energy vehicles here will be granted a subsidy of 150,000 yuan within 90 working days after they submitted relevant purchase files. But 240 of the owners, who have already submitted all the files needed for the application of this subsidy in last December, still have not received the money, and they wouldn’t help wondering where the money is now and has the money been embezzled.
May 23 , 2016Personnel changes in BAIC is continuously going on. Recently, media reported that a total of 12 persons served as deputy manager-level positions and above were facing position changes. Other news came around that the personnel changes involved several hundred employees. Some internal staff revealed that, “The personnel change is more about work shift, involving BAIC group and the subsidiary BAIC Motor, Beijing Hyundai, Changhe Motor, BHAP and other operational segments.”
May 19 , 2016Only four Chinese brands became Top 10 in terms of taking up market shares of SUV models in April according to data from China Passenger Cars Association.
May 18 , 2016Data reveals domestic car market has a sales volume of 908,730 units in April, decreasing 0.7%. B-class vehicles sold 153,441 units, decreasing 11.6%, which is a disaster area.
May 18 , 2016




