Market & Industry
Novelis Enters Joint Venture with Kobe Steel in South Korea
Novelis Enters Joint Venture with Kobe Steel in South Korea

Novelis Inc., the world leader in aluminum rolling and recycling, announced today that it has entered into a joint venture agreement with Kobe Steel, Ltd., a producer of aluminum rolled products in Japan.

May 11 , 2017
BAIC has Mr. Cheng Hongliang to be the Executive Director
BAIC has Mr. Cheng Hongliang to be the Executive Director

Internet Info Agency has known from BAIC on May 8th that, Mr. Cheng Hongliang was proposed to be executive director, member of the compensation committee and the strategic committee by the board of directors to take the place of Mr. Li Feng, the term

May 11 , 2017
Production and Sales of Changan in April Showed Weakness with Sales Declined about 30%
Production and Sales of Changan in April Showed Weakness with Sales Declined about 30%

According to the newsflash announced by Changan Auto on May 8th, sales and production volume of Changan Auto in April both declined, among which the sales dropped 15.25% year over year to 214,262 units while the production decreased 27.61% year over

May 10 , 2017
Tianjin FAW abandons Xiali for self-rescue
Tianjin FAW abandons Xiali for self-rescue

Finally, Tianjin FAW released its new plan by launching new models, trying to fight out of the worsening sales performance and throw out Xiali, which is always in deficit.

May 9 , 2017
The 2nd Plant of BAIC in Hunan was completed and Ready to Produce Senova D50
The 2nd Plant of BAIC in Hunan was completed and Ready to Produce Senova D50

The Internet Info Agency has known from BAIC that, the 2nd plant of its branch company in Zhuzhou was completed and is to produce models like the new Senova D50. The construction of this plant will give support to BAIC’s expansion in Southern areas.

May 9 , 2017
C-NCAP Management Regulation (2018 edition) is released
C-NCAP Management Regulation (2018 edition) is released

CATARC released the 2017 C-NCAP assessment results for the first batch of nine models on April 20th during the Shanghai Auto Show, catching eyes from media and the society.

May 8 , 2017