Market & Industry
Ford, Hyundai, others reduce output in China since price reduction failed to eliminate dull sales
Automakers including Beijing Hyundai, Changan Ford and BMW have to reduce production since official price reduction and other measures failed to revive the sales in China.
Jul. 21 , 2015Zotye Auto prepares for IPO via integration in sales channels, business units
Zotye Auto is currently in full preparation for its IPO, with entire integration in the company’s sales channels, structure of business units, and personnel distribution in management level.
Jul. 20 , 2015Cars remain as core competence, though currently hit by hot-selling SUV
Chinese sedans dropped near 6% in the first time of the year from a year earlier, with sales in June dropping for a third consecutive month on a year-on-year basis, while SUV increased 45.94% in sales from a year earlier
Jul. 17 , 2015