Market & Industry
Mr. Jia Yueting: capital chain of LeEco will recover in 3-4 months
Mr. Jia Yueting: capital chain of LeEco will recover in 3-4 months

The letter caused a great disturbance. Some of the skeptics and competitors began to blame LeEco and some supporters became hesitate and changing from support to wait-and-see. While Mr Jia said he has no regret for this.

Dec. 13 , 2016
Middle-end brands explore middle-size SUV market
Middle-end brands explore middle-size SUV market

The hottest middle-size SUV market has attracted many auto companies’ attention. Middle-size SUV models from GAC Honda, Chana Ford, Shanghai General Motors, GAC Trumpchi and GAC Toyota have been launched, which will be followed by Chana Auto and Dong

Dec. 13 , 2016
Dongfeng Honda Urgently Expand Production: Sales of Honda in China May Catch Up with Toyota
Dongfeng Honda Urgently Expand Production: Sales of Honda in China May Catch Up with Toyota

On December 8, construction project of Dongfeng Honda’s third factory was officially launched in Wuhan economic and technological development zone.

Dec. 13 , 2016
China set to drive global auto sales in 2017
China set to drive global auto sales in 2017

CHINA will continue to be the most important growth driver of the global auto industry in 2017 as it is this year, while new-energy vehicles and smart connected cars are set to become hot in the next decade in the domestic market, a report said yeste

Dec. 13 , 2016
Demand lifts heavy earnings
Demand lifts heavy earnings

SALES of excavators and heavy trucks in China surged nearly 73 percent last month as heavy machinery companies tapped a construction boom, helping them reap profits.

Dec. 13 , 2016
Self-independent auto companies outperform joint-venture companies, purchasing tax overdrafts auto market’s demands
Self-independent auto companies outperform joint-venture companies, purchasing tax overdrafts auto market’s demands

Data shows that more than 80% of self-independent auto companies face a growth of 20%-30% in November. It’s generally believed that the increasing sales volume comes from the high-speed growth of SUV market and oncoming end of purchasing tax preferen

Dec. 12 , 2016