Volkswagen Group, anxious to defend Audi's market share in China, signed a tentative deal with SAIC Motor Corp. to build Audi cars at their joint venture.
Nov. 15 , 2016
The Chinese government is expected to extend a 50 percent cut in the sales tax on small vehicles, according to an official with the China Association of Automobile Manufacturers, a government-backed industry body.
Nov. 15 , 2016
On November 11th, SAIC Volkswagen officially signed a cooperative agreement with Audi, going to establish a joint-venture sales company with SAIC, the domestic models of which will be produced by SAIC Volkswagen.
Nov. 14 , 2016
China's light-vehicle sales rose more than 20 percent for the fourth straight month in October as consumers took advantage of a soon-to-expire tax incentive for small cars.
Nov. 14 , 2016
SHANGHAI -- Shortly after Geely founder Li Shufu acquired Volvo Car Corp. in 2010, he pledged to maintain Volvo's independence so that the Swedish brand's image would not be tarnished.
Nov. 14 , 2016
According to the latest data of CPCA, Gasgoo publishes the wholesale charts of Chinese passenger car enterprises October 2016. Following the hotness of "Gold" September, car market in "Silver" October is still looking good. Data shows that in October
Nov. 11 , 2016