Market & Industry
FAW-VW November sales reach nearly 200,000 units
FAW-VW November sales reach nearly 200,000 units

FAW Volkswagen November terminal sales reached 197,237 units, up 10.9% year on year. The automaker sold 141,229 new Volkswagen-branded vehicles, increasing 12.7% year on year and 56,008 new Audi-branded vehicles, growing 6.5% from a year earlier.

Dec. 7 , 2017
SAIC Group delivers over 700,000 vehicles in November
SAIC Group delivers over 700,000 vehicles in November

According to the output and sales data released by SAIC Group on Dec. 7, with the joint efforts by SAIC Group’s JV and self-owned companies, output and sales of SAIC Group set a new record high in November.

Dec. 7 , 2017
Alibaba, Ford enters strategic cooperation agreement
Alibaba, Ford enters strategic cooperation agreement

Alibaba Group Holding Ltd and Ford signed an agreement in Hangzhou, the headquarter of Alibaba. Both parties plan to pilot selling vehicles online to consumers directly via a new store concept named auto vending machine and Alibaba’s Tmall platform.

Dec. 7 , 2017
Venucia November sales surge 65.9%
Venucia November sales surge 65.9%

Venucia releases its latest sales data. Sales in November is 14,620 units, an increase of 65.9% over the same period of last year. The cumulative sales from January to November were 120,765 units, an increase of 17.4% year on year.

Dec. 6 , 2017
DiDi will invest no less than RMB 1 billion in ride-sharing business
DiDi will invest no less than RMB 1 billion in ride-sharing business

On December 4th, Cheng Wei, Chairman and CEO of DiDi Chuxing, said in an interview at 2017 World Internet Conference that, DiDi is still a start-up company despite its five-year history, and that in 2017, DiDi has focused on improving efficiency.

Dec. 6 , 2017
WEY VV7x to be launched next year, similar to BMW X6
WEY VV7x to be launched next year, similar to BMW X6

WEY brand will launch a new crossover SUV named VV7x next year equipping with 2.0T turbo-charged engine with maximum power of 172KW and DCT gearboxes.

Dec. 6 , 2017