On December 20, Shanghai Baolong Automotive Corporation announced that it will invest RMB 50 million to the establishment of the National Auto Institute for Intelligent and Connected Vehicles (tentative), accounting for 4.76 percent of the company’s
Dec. 21 , 2017
A new round of personnel change begins in FAW Group. FAW Car released an announcement stating that four board members resigned but its personnel structure on official website has not been adjusted yet.
Dec. 21 , 2017
Three companies in Dongfeng Group released announcement on December 19th that Dongfeng Huashen Automobile Company Ltd. would merge Dongfeng Shiyan Special Commercial Vehicle Co. Ltd. and Dongfeng Shiyan Special Vehicle Body Co. Ltd.
Dec. 21 , 2017
On December 20, BMW announced that Jochen Goller will take over as President and CEO of BMW Group Region China from Olaf Kastner, effective March 1, 2018. In a short period after his departure, Kastner will continue to support business in China.
Dec. 20 , 2017
On December 18, Chery Automobile signed an agreement with Yibin municipal government in Sichuan province. According to the agreement, Cowin Auto, a subsidy of Chery, will be moved from Wuhu, Anhui province to Yibin.
Dec. 20 , 2017
Anhui Jianghuai Automobile Group Corp., Ltd. (China’s JAC) announced on Dec 18 that it will set up the first plant in Brazil.
Dec. 20 , 2017