Market & Industry
Chinese Auto Companies Accelerate to Promote the Layout in ASEAN Market
Chinese Auto Companies Accelerate to Promote the Layout in ASEAN Market

With the launch of “The Belt and Road” policy, more auto companies are expanding in overseas market.The SAIC-GM-Wuling Indonesia project with a total investment of USD 700m started construction in the summer of 2015.

Sep. 7 , 2017
Geely August sales soared 80 percent
Geely August sales soared 80 percent

Geely’s August sales jumped 80 percent year on year to 96,505 units, which is 20,000 unit more than that of Great Wall Motor.

Sep. 7 , 2017
Dongfeng Fengshen New SUV AX4 Is to Launch Tomorrow
Dongfeng Fengshen New SUV AX4 Is to Launch Tomorrow

AX4 is a small SUV of Dongfeng Fengshen, which is going to be launched tomorrow officially and is positioned slightly higher than AX3. The new vehicle adopts the design of double LED headlamps, powered by 1.4T and 1.6L engines.

Sep. 6 , 2017
Sales volume of Luxgen Decreases 68.7% in August and it accelerates the Layout of 18 New Models
Sales volume of Luxgen Decreases 68.7% in August and it accelerates the Layout of 18 New Models

​Luxgen brand sells 1,000 units in August with year-on-year decline of 68.7%. According to Dongfeng Yulong 510 plan, it will launch 10 new models in the future five years with eight alternative energy versions.

Sep. 5 , 2017
Sales Volume of Haima Auto Faces Decline for Eight Consecutive Months
Sales Volume of Haima Auto Faces Decline for Eight Consecutive Months

Haima Auto released its August production and sales volume data on September 4th, showing that the company produces 8,274 units in August with year-on-year decline of 41.92%. The sales data turns out to be 10,638 units, declining 16.18%.

Sep. 5 , 2017
Tesla accused of consumer fraud by a Beijing company
Tesla accused of consumer fraud by a Beijing company

A Beijing company took Tesla to the court, saying the electric carmaker should be responsible for its failure to get a free license plate for its new bought Model X 100D, Techweb reported.

Sep. 5 , 2017