Market & Industry
Borgward Beijing Factory Expands Capacity of 180,000 Units for Alternative Energy Vehicles
Borgward Beijing Factory Expands Capacity of 180,000 Units for Alternative Energy Vehicles

Borgward’s second SUV product BX5 released its sales price on March, 24th. Borgward has received 50,000 sales orders in the past one year with its two SUV products BX5 and BX7. Number of dealerships has exceeded 160.

Apr. 11 , 2017
C-TREK Activated Domestic Market of Station Wagon with Sales Breaking 15K Units
C-TREK Activated Domestic Market of Station Wagon with Sales Breaking 15K Units

FAW-Volkswagen held a strategic news conference for the aesthetics of C-TREK beside the Huangpu River on April 7th, 2017. C-TREK has proved itself with sales as the first A-level crossover wagon of Volkswagen in the world.

Apr. 11 , 2017
BAIC Group Builds Global Travel Service Platform
BAIC Group Builds Global Travel Service Platform

On April 8th, BAIC Group officially unveiled the launch of Huaxia Travel Co., Ltd. On the ceremony, Xue Heyi, Chairman of BAIC Group, said that Huaxia Travel will be a global travel service platform with hundreds of billions of investment.

Apr. 10 , 2017
Analysis on demand in 2017 Chinese Rubber Tire Market
Analysis on demand in 2017 Chinese Rubber Tire Market

Demand of tire market is closely related with auto sales. About 3/4 sales come from replacement market, highly related with the growth of auto holding capacity.

Apr. 7 , 2017
2016 Total Losses of FAW car Reach 954 Million Yuan, High-end MPV Project to be Terminated
2016 Total Losses of FAW car Reach 954 Million Yuan, High-end MPV Project to be Terminated

In 2016, FAW achieved income of 22.71 billion Yuan, achieved income of 22.71 billion Yuan, 14.83% less than the year ago.

Apr. 7 , 2017
ZTE Smart Auto to start production next June
ZTE Smart Auto to start production next June

It’s reported that the ZTE Smart Auto manufacturing facility are in construction and will come to production in June next year.

Apr. 7 , 2017