Market & Industry
FAW Starts to Integrate Self-Owned Brands
FAW Starts to Integrate Self-Owned Brands

There are rumors that FAW and self-owned brands of Dongfeng have been merged together, and FAW has already started to integrate its self-owned brands.

May 15 , 2017
April: Double Drop in Production and Sales
April: Double Drop in Production and Sales

According to China Association of Automobile Manufacturers, production and sales of cars fell significantly in April compared with March.

May 15 , 2017
Li Shufu attends “Belt and Road” summit as an auto industry representative
Li Shufu attends “Belt and Road” summit as an auto industry representative

More than 1,500 representatives from about 130 countries attended the “Belt and Road” summit forum held on May, 14th. Li Shufu, Board Chairman of Geely Group, on behalf of the private companies in Chinese auto industry, also attended the summit.

May 15 , 2017
Chinese auto companies accelerate the “Belt and Road” layout for marching into European and American markets
Chinese auto companies accelerate the “Belt and Road” layout for marching into European and American markets

Led by the “Belt and Road” proposal, self-independent auto brands are accelerating product layouts around “Belt and Road”, marching towards European and American markets at the same time.

May 11 , 2017
Geely Establish A New R & D Base in Hangzhou Bay with Investment of 6.2 Billion
Geely Establish A New R & D Base in Hangzhou Bay with Investment of 6.2 Billion

In recent years, Geely Automobile has rapidly developed, it not only took over the Volvo automobile and deepened quality strategy, but also launched the brand LYNK&CO last year.

May 11 , 2017
Novelis Enters Joint Venture with Kobe Steel in South Korea
Novelis Enters Joint Venture with Kobe Steel in South Korea

Novelis Inc., the world leader in aluminum rolling and recycling, announced today that it has entered into a joint venture agreement with Kobe Steel, Ltd., a producer of aluminum rolled products in Japan.

May 11 , 2017