Market & Industry
Foreign Partners May Be Able to Have Majority Shares in Auto Joint Ventures in China

Gasgoo.com (Shanghai May 4th)- Whether to decrease proportion of shares held by Chinese partners when establishing automotive joint ventures in China has sparked debates in this country recently.

May 4 , 2016
Four Chinese provinces lift ban on Pickup Trucks entering cities, boosting million-level production

Gasgoo.com (Shanghai May 4th)– Ten Chinese cities in Hebei province has lifted ban on pickup trucks entering cities, effective from May 1st, making Hebei the fourth Chinese province that allows pickup trucks entering the city area.

May 4 , 2016
AutoHome Encounters Barbarian, which may Bring a Lose-Lose Position

Gasgoo.com (Shanghai May 4th)- Recently, AutoHome’s management alteration storm has attracted wide attention from the industry. From its major shareholder Telstra’s announcement to sell the equities to its management’s initiating privatization, Pingan Trust’s joining added more concerns to the storm.

May 4 , 2016
GM Had the Highest Sales in the Chinese Market in the First Quarter

Gasgoo released a list of the Top Ten foreign automakers based on their sales in China in the first quarter of 2016. GM beat VW by reaping the largest sales. Ford won all Japanese automakers. Only Hyundai Kia and Peugeot Citroen suffered yearly decline among these ten automakers.

Apr. 29 , 2016