Market & Industry
Haval released its 2020 strategy on February 19th, with new models and technologies involved
Haval released its 2020 strategy on February 19th, with new models and technologies involved

GWM has made middle- and long-term plan for its future brand developments. Official news comes out that GWM will hold a ceremony in Baoding

Feb. 15 , 2017
News from HK media: Geely is expected to obtain Proton’s holding shares
News from HK media: Geely is expected to obtain Proton’s holding shares

HK media reported that Geely Group has surpassed Renault and Peugeot Citroen in the competition for purchasing Proton Auto.

Feb. 15 , 2017
FAW Personnel Adjustment Again; Cooperation with Dongfeng Still Uncertain
FAW Personnel Adjustment Again; Cooperation with Dongfeng Still Uncertain

On 9th February 2017, Xu Jianyi, previous secretary of the party committee of FAW, was sentenced to 11 years and 6 months for bribe-taking.

Feb. 15 , 2017
Subsidies of New Energy Vehicles in Beijing 2017 Falls to Minimum of Only 10,000 Yuan
Subsidies of New Energy Vehicles in Beijing 2017 Falls to Minimum of Only 10,000 Yuan

Gasgoo learns from relevant leaders that the local subsidy standard in Beijing is 50% of the central financial subsidy of each vehicle in 2017 and that the total subsidy of the state and the municipal does not exceed 60% of sales price .

Feb. 13 , 2017
Approved plant construction revives local production of Lotus Auto
Approved plant construction revives local production of Lotus Auto

Fujian Provincial Department of Environmental Protection released announcement on February 4th that the plant construction for Lotus local production project has been approved and a production base with capacity of 200,000 units would be built in Jin

Feb. 13 , 2017
Top 10 Passenger car sales in Jan, SAIC Volkswagen wins champion, Changan ranks NO.1 among self-owned brands
Top 10 Passenger car sales in Jan, SAIC Volkswagen wins champion, Changan ranks NO.1 among self-owned brands

Among January’s top 10 auto brands in sales volume, SAIC Volkswagen wins champion again, second by FAW Volkswagen and SAIC GM. Dongfeng Nissan keeps ranking 7th, while Beijing Hyundai fell to 9th with a sales number of 80,017 units.

Feb. 10 , 2017