Market & Industry
With its CEO left the company, what’s in store for Volvo?

FuQiang, President and CEO of Volvo Cars (China) has left his position at this carmaker, due to personal career choice, and Yuan Xiaolin, President of Volvo Cars (Asia-Pacific) will be temporarily take charge of this company until further assignment, announced by Volvo in May 16th.

May 17 , 2016
China’s BAIC Group to Perform Personnel Changes

Decreasing sales drives BAIC Group in China to make adjustment of strategies by changing senior managers with Beijing Hyundai.

May 16 , 2016
SUV sales keeps rising in Chinese auto market this April, JV brands account 50% of market share

At the 2016 Beijing Auto Show, most joint venture brands has focused on breakthroughs of middle and high end products, and the segment of mainstream SUVs still needs further development. With more and more JV brands introducing their mainstream 2017 SUV models, the competition in this segment is warming up.

May 16 , 2016
Citroen to Launch 34 New Models in the Chinese Market in the Following Five Years

Dongfeng Peugeot Citroen Automobile Company Ltd in China released strategic plan yesterday, aiming at revenue of RMB 100 billion yuan and production of 34 new models including six of alternative energy vehicles until 2020.

May 13 , 2016
Threshold of Free License Plates for Shanghai Alternative Energy Vehicles is Raised again: Owners’ Credits will be Examined

Threshold of Free License Plates for Shanghai Alternative Energy Vehicles is Raised again: Owners’ Credits will be Examined.

May 13 , 2016
China’s auto market back on the roller coaster,new subsidies for car purchase in rural areas may come in near future

After a pretty sweet first quarter, China’s auto market may go back on the roller coaster again. Statistics released by several major automakers shows that their sales records in April have all witnessed significant decreases compared against this March.

May 13 , 2016