Market & Industry
65% of Drivers of China’s CAR Have Monthly Salary of More Than 7,000 RMB
65% of Drivers of China’s CAR Have Monthly Salary of More Than 7,000 RMB

Monthly salary of 65% of drivers of China Auto Rental Inc. (short for CAR) has been more than 7,000 RMB, which has been higher than average salary of the industry, according to a governmental report on remuneration of drivers working for car-hailing

Oct. 18 , 2016
Geely New Panda renamed as Emgrand Mini, which may be launched in the year
Geely New Panda renamed as Emgrand Mini, which may be launched in the year

Currently, we learn from website of Ministry of Industry and Information Technology of People’s Republic of China that, Geely New Panda will be rename as Emgrand Mini, equipping 1.0L three cylinder normally aspirated engine. The model is expected to

Oct. 18 , 2016
Huangshan Jinma restarts Zotye Auto purchasing project
Huangshan Jinma restarts Zotye Auto purchasing project

Huangshan Jinma released announcement that it would issue shares to purchase 100% shares of Zotye Auto, with the total transaction amount of RMB 11.6b.

Oct. 17 , 2016
CPCA: Sales of Green vehicles Remain Stable in China in September
CPCA: Sales of Green vehicles Remain Stable in China in September

Sales of alternative energy vehicles have been 29,699 units in September, indicating that the its market demands have remain stable in China, according to data from China Passenger Car Associate (short for CPCA).

Oct. 14 , 2016
Chana Auto’s sales volume in September: seven self-independent brands selling more than 10,000 units and SUVs becoming the biggest winner
Chana Auto’s sales volume in September: seven self-independent brands selling more than 10,000 units and SUVs becoming the biggest winner

Chana Auto total sales volume reaching 295,218 units in September and increasing 30% with August. The total sales volume in the previous nine months reaches 2,196,677 units.

Oct. 13 , 2016
Geely’s sales volume increases 82% in September: Emgrand increasing 30% and NL-3 exceeding 10,000 units
Geely’s sales volume increases 82% in September: Emgrand increasing 30% and NL-3 exceeding 10,000 units

Geely’s sales volume exceeds 70,000 units and increases 82%. From January to September, Geely’s total sales volume reaches 459,000 units, increasing 29% with the same period of last year and achieving 70% of the total annual sales target of 660,000

Oct. 12 , 2016