Market & Industry
CFO of China’s SAIC to Resign
CFO of China’s SAIC to Resign

Reportedly, Gu Feng, CFO of SAIC, one of leading automakers in China, has submitted resignation application recently.

Sep. 27 , 2016
Dongfeng Peugeot keeps falling: fighting with self-independent brands
Dongfeng Peugeot keeps falling: fighting with self-independent brands

New Dongfeng Peugeot 308 was launched on September 25th, while Li Haigang, CEO of Dongfeng Peugeot, aims at self-independent brands, meaning Dongfeng Peugeot will keep falling to fight with self-independent brands.

Sep. 27 , 2016
Chinese Automakers Have Invested about 200 Million RMB in Foreign Markets
Chinese Automakers Have Invested about 200 Million RMB in Foreign Markets

Reportedly, Chinese automakers have invested about 200 billion RMB on the development of foreign markets in the past three years.

Sep. 26 , 2016
Geely Emgrand GL challenging joint-venture brands, with many models priced at RMB 80,000 to 110,000
Geely Emgrand GL challenging joint-venture brands, with many models priced at RMB 80,000 to 110,000

Geely Emgrand GL was officially launched on September 20th, with the price set at RMB 78,800 to 113,800. This is Geely’s third model priced at RMB 80,000 to 110,000, after Emgrand GL and Yuanjing SUV. Besides, Geely’s best-seller Emgrand EC7 is also

Sep. 22 , 2016
Improvement in Consumption Has Caused Drop in Sales of Subcompact in China
Improvement in Consumption Has Caused Drop in Sales of Subcompact in China

Sales of subcompact dropped by 31% while there was double-digit increase in sales of the auto market overall in China in August.

Sep. 21 , 2016
News of Jia Yueting financing USD 1b spamming: How far is LETV from mass-production car?
News of Jia Yueting financing USD 1b spamming: How far is LETV from mass-production car?

Yesterday, Jia Yueting, CEO of LETV Holding, announced that LETV accomplished its USD 1.08b financing and revealed LeSEE’s first-round financing list, including Yingda Capital, Shenzhen Capital Group Co., LTD, Legend Holdings, China Minsheng Trust, M

Sep. 21 , 2016