Market & Industry
Media: China’s Zhongtong Bus Sold off Stocks for Turnover of Capital
Media: China’s Zhongtong Bus Sold off Stocks for Turnover of Capital

Reportedly, Zhongtong Bus, one of leading automakers of commercial vehicles in China sold off stocks of 290 thousand RMB and 300 thousand respectively on June 15 and June 23, vibrating regulations.

Sep. 20 , 2016
SAIC Advertising and Propaganda expenses reached RMB 4.7b
SAIC Advertising and Propaganda expenses reached RMB 4.7b

Data shows that SAIC’s advertising and propaganda expenses reached RMB 4.74b in the first half of year, top of all domestic listed companies and two times of the total expenses of the runner-up five auto companies. But the proportion of above expense

Sep. 20 , 2016
C-class vehicles in August: New competitors may bring a changing market structure?
C-class vehicles in August: New competitors may bring a changing market structure?

With the launching of new long wheel base Benz E-class car, the new round competition between ABB opens its curtain. It’s noticeablethat Jaguar domestic XFL, the most popular challenger, is quite possible to stand out from second-tier premium brands.

Sep. 19 , 2016
Xpeng Motors released its first Internet car
Xpeng Motors released its first Internet car

Xpeng Motors’ first BEV SUV, Xpeng Motor BETA version, made its public debut on September 13th, 2016. Although the new car is a prototype vehicle, 90% design has come into the stage of mass production. The car will meet batch production this year, produce 100 units at the middle of 2017 and 20,000 units at the end of 2018.

Sep. 17 , 2016
Beijing to Reduce Motor Vehicles to 6 Million Units by the End of 2017
Beijing to Reduce Motor Vehicles to 6 Million Units by the End of 2017

Reportedly, government in Beijing may reduce the number of motor vehicles to not more than 6 million units by the end of 2017, abating air pollution caused by emission.

Sep. 17 , 2016
72 auto companies are involved in cheating subsidiaries: rethinking problems and top-level design
72 auto companies are involved in cheating subsidiaries: rethinking problems and top-level design

A detailed list of cheating subsidiaries for domestic alternative energy vehicles spread in the market on September 8th.The list has a detailed calculation on 93 auto companies, in which 72 companies are involved in cheating subsidiaries with different level, concerning 76,374 units’ vehicles and RMB 9.27b.

Sep. 14 , 2016