Market & Industry
Lack of innovation and foresight, Beijing Hyundai withdraws from mainstream market
Lack of innovation and foresight, Beijing Hyundai withdraws from mainstream market

​Beijing Hyundai met its hardest time since the past 15 years in March this year with halving sales volume compared with year-on-year data. Political incidents, as well as the false estimation on opponents and product positions, all result in the def

Jun. 27 , 2017
Chery faces great personnel change recently
Chery faces great personnel change recently

News from insiders reveals that Chery has conducted a new round of personnel adjustments since the middle of June on senior managers with positions higher than vice presidents, showing a positive signal of changing towards into a professional, young

Jun. 27 , 2017
FOXCONN Invests 25 Billion Yuan to Construct Seven Projects in Kunshan
FOXCONN Invests 25 Billion Yuan to Construct Seven Projects in Kunshan

On 23rd June afternoon, Foxconn Technology Group and Kunshan government signed an agreement of comprehensively deepening strategic cooperation. According to the agreement, Foxconn will invest 25 billion yuan to construct seven projects in Kunshan.

Jun. 26 , 2017
Geely signed with Proton to march into Southeast Asian market
Geely signed with Proton to march into Southeast Asian market

It’s learned from official news that Geely would sign a final agreement with DRB today to purchase Proton Auto’s 49.9% shares and luxury brand Lotus’s 51% shares, becoming the exclusive foreign strategic partner of Proton Auto.

Jun. 23 , 2017
SAIC and CATL team up to resist Tesla’s attack
SAIC and CATL team up to resist Tesla’s attack

On June 19th, SAIC and the world-leading lithium battery manufacturer CATL started a foundation ceremony to establish two joint-venture companies SAIC CATL and CATL SAIC.

Jun. 23 , 2017
Polestar Officially Became Volvo's Independent Sub-brand with New LOGO
Polestar Officially Became Volvo's Independent Sub-brand with New LOGO

Volvo has recently announced that its car Polestar officially became Volvo's independent sub-brand, which is an electrification global high-performance car company, it also marks that the Volvo is entering the latest stage of transition.

Jun. 22 , 2017