Market & Industry
The Founder of Tesla to be Consultant for A Listed Automaker in China
The Founder of Tesla to be Consultant for A Listed Automaker in China

Reportedly, Martin Eberhard, the founder of Tesla has signed contract to provide service of consultancy for SF MOTORS, an American subsidiary of China Chongqing Sokon industrial group co., LTD.

Sep. 29 , 2016
Auto Production and Sales Volume going high in August: profits of auto manufacturing industry increase 43.9%
Auto Production and Sales Volume going high in August: profits of auto manufacturing industry increase 43.9%

Data shows that industrial enterprises above state designated scale achieved a total profit of RMB 4,058.37b from January to August, increasing 8.4% and 1.5 percentage points higher than January to July. August’s profit increases 19.5%, 8.5 percentag

Sep. 28 , 2016
The Chinese Market Is Important for Volvo to Meet Target Volume of One Million Units of Green Vehicles
The Chinese Market Is Important for Volvo to Meet Target Volume of One Million Units of Green Vehicles

Volvo released the 2025 Omtanke strategy of sustainable development on September 14, committed to values of safety, quality and environmental protection.

Sep. 28 , 2016
BAIC Aims to Take up Larger Market Shares of SUV with Development of New Modes
BAIC Aims to Take up Larger Market Shares of SUV with Development of New Modes

Reportedly, sales of BAIC, one of leading automakers in China were 869,000 units in the first half in 2016, with a year-on-year rise of 14.1%, which is 5% more than that of overall passenger vehicle market. Soaring sales of SUV have been the leading

Sep. 25 , 2016
With senior managers resigning again, Auto Home was totally took over by Pingan
With senior managers resigning again, Auto Home was totally took over by Pingan

On September 22th, news came from Auto Home that another senior manager reshuffle took place, with its co-founder Fan Zheng and General Manager of second-hand Business Unit Hu Yongping resigning at the same time.

Sep. 23 , 2016
FAW Car to Sell Equity of Hongqi to FAW Group in China at 830 Million RMB
FAW Car to Sell Equity of Hongqi to FAW Group in China at 830 Million RMB

FAW Car in China announced to sell equity of Hongqi to FAW Group on September 18.

Sep. 22 , 2016