Market & Industry
Chery denies to be sold entirely
Chery denies to be sold entirely

A rumor saying that Chery was sold entirely spread quickly since Oct. 9,but Chery said it's not the truth.

Oct. 11 , 2017
GAC Honda performs well in September with monthly sales volume for Avancier approaching 10,000 units
GAC Honda performs well in September with monthly sales volume for Avancier approaching 10,000 units

GAC Honda released its latest sales volume data recently, showing that it sold 67,235 units in September with monthly growth of 15.6%.

Oct. 10 , 2017
MG and Roewe witness sales climb and the 1,000,000th unit vehicle rolls off from production line of SAIC Motor’s Pukou Factory
MG and Roewe witness sales climb and the 1,000,000th unit vehicle rolls off from production line of SAIC Motor’s Pukou Factory

The 1,000,000th unit vehicle successfully rolled off from SAIC Nanjing Pukou Factory production line.

Oct. 10 , 2017
Ningbo Huaxiang Electronic participates in acquisition of Nissan Battery
Ningbo Huaxiang Electronic participates in acquisition of Nissan Battery

Recently, Ningbo Huaxiang Electronic Co. released an announcement, stating that it would cooperate with GSR Capital to achieve the expanded production of Nissan battery technologies in China.

Oct. 9 , 2017
Huayu Automotive System plans to acquire the other 50% equity of Shanghai Koito Automotive Lamp
Huayu Automotive System plans to acquire the other 50% equity of Shanghai Koito Automotive Lamp

On Sept. 28, Huayu Automotive System Co., Ltd. announced its acquirement of 50% equity of Shanghai Koito Automotive Lamp Co., Ltd.with RMB 1.716 billion.

Sep. 29 , 2017
Geely announces Proton’s new CEO, expecting to be NO. 1 in Malaysia
Geely announces Proton’s new CEO, expecting to be NO. 1 in Malaysia

DRB-Hicom and Zhejiang Geely Holding held a joint media conference to announce new executive team for Proton. 98 days after the two companies signed agreement, Geely completed the deal to buy a 49.9 percent stake of Proton.

Sep. 29 , 2017