Market & Industry
Auto dealers in China may forge certificates to deceive consumers

China Consumers Association recently notices that some consumers have failed to register their new car due to the vehicle identification had already been used to register other unknown vehicles by some fraudsters.

May 19 , 2016
China’s Didi Chuxing Charged Two Drivers with Improperly Claiming for Subsidizes

Didi Chuxing, a Chinese transportation network company like Uber, charged two drivers, Dong and Wang, with improperly claiming for subsidizes. As a result, Wang will be imprisoned for eight months and pay a fine of CNY 1,000 while Dong will be imprisoned for ten months and pay a fine of CNY 1,000.

May 19 , 2016
BAIC facing Personnel Changes in several Segments, Successor will Burden Sales Task

Personnel changes in BAIC is continuously going on. Recently, media reported that a total of 12 persons served as deputy manager-level positions and above were facing position changes. Other news came around that the personnel changes involved several hundred employees. Some internal staff revealed that, “The personnel change is more about work shift, involving BAIC group and the subsidiary BAIC Motor, Beijing Hyundai, Changhe Motor, BHAP and other operational segments.”

May 19 , 2016
C-Class Vehicles: A6 holding the lead and Taurus losing recent gains?

C-class vehicles have a generally steady performance in April, with Audi A6L, BMW 5, and Benz E series still holding the leading three positions. Ford Taurus’s sales shrank dramatically to 8th ranking, and Cadillac XTS advanced greatly. Crown’s bad performance continues and Cadillac CT6 recovers its sales.

May 17 , 2016
With its CEO left the company, what’s in store for Volvo?

FuQiang, President and CEO of Volvo Cars (China) has left his position at this carmaker, due to personal career choice, and Yuan Xiaolin, President of Volvo Cars (Asia-Pacific) will be temporarily take charge of this company until further assignment, announced by Volvo in May 16th.

May 17 , 2016