On April 7th, twenty-four dealers of Changan Ford’s in Hunan Province has started a jointly protest against the car manufacturer from forcing inventory on them. Reportedly, Chinese market’s inventory warning index has been stood above the warning line of 50%, which reflects dangerously high inventory level, since the October in 2014, except for a brief cool off of 48.7% in last August. Establish carmakers including Volvo, BMW, Audi and Mercedes-Benz are all affected.
Apr. 20 , 2016According to data from CPCA, 60,000 units index of electric vehicles in Beijing accounts for 54% of the national 110,000 units.
Apr. 19 , 2016The sales of FAW Toyota Accumulated 154,000 units in the first quarter of 2016, up by 43.7% compared against the same period last year, which is 6 times higher than the average growth and further introduce FAW Toyota into the 5 million sales club.
Apr. 18 , 2016China’s government may strongly cut down the subsidy for alternative energy buses by about 31.8% on average, according to some reports from Chinese media.
Apr. 15 , 2016