Acquisition of Uber China has led to increase in price in Taxi service provided by Didi Chuxing, which may be from 5% to 10%, as some passengers have complained.
Sep. 19 , 2016
Sales of passenger vehicles were 1.759 million units in this month, including 0.917 million units of vehicles of new modes. And sales of small cars were 0.841 million units with a year-on-year decrease of 16.7%.
Sep. 18 , 2016
On September 2ed, Department of Commerce said on its press conference that, Didi and Uber hadn’t submitted any stuff about their amalgamation. Currently, Department of Commerce has conducted an anti-monopoly investigation and scheduled meetings twice with Didi for their transaction details, reasons for failing to submit, and demanded Didi to submit relevant papers.
Sep. 18 , 2016
BAIC, one of leading automakers in China, may cooperate with Fiat Chrysler to build a new Joint Venture, which is expectedly to be confirmed by December, 2016.
Sep. 13 , 2016
Passenger vehicle market achieves a sales volume of 1.76m units in August, increasing 28.5% with the same period of last year and keeping level with July’s growth. But the ranking result has changed greatly.
Sep. 13 , 2016
Reportedly, there have been over 20 automakers involved in subsidizes defraud in China. Except for five automakers disclosed by China’s government, even some major automakers including Geely, Yutong, JAC, BYD, Nissan and others, have been found involved in violating subsidizes program, according to China’s media.
Sep. 13 , 2016