Dong Feng Liu Zhou Automobile Company (short for DFLZ thereafter), a subsidiary of Dong Feng Motor, one of leading automakers in China, has launched SX6, a new mode of seven-seat SUV, on July 24.
Jul. 28 , 2016There will be a conference on which Chinese authorities may discuss about implementation of new regulations on service of online hailing this afternoon.
Jul. 28 , 2016FAW Car seems to walk into a cliff edge in the first half of year. Estimated performance for 2016 half-year shows that FAW Car faces a loss of RMB 790m to 850m in the period, decreasing 591.22% to 628.53% compared with the profit of RMB 181m in the same period of last year. In fact, the situation starts long. As early as in 2012, FAW Car received an annual loss of RMB 800m, and the profit decrease turned out to be 468%. Its profit decline in 2014 and 2015 also reached 80% and 60% respectively.
Jul. 27 , 2016Dealerinventory coefficient of FAW CAR, one of leading automakers in China, was 2.5, with a monthly rise of 12% and yearly decrease of 8%, in June, higher than that of the whole industry, about 1.55.
Jul. 25 , 2016Wang Cun, Senior Manager of Marketing and Sales Department, Sinomach Automobile Co. Ltd, said on the 2016 China Auto Market Development Trend Forum that, imported vehicles and super-luxury vehicles are performedagainst the market trend in the first half of year, with the sales volume of imported vehicles decreasing 9.35% and super-luxury vehicles declining more than 20%. Only parallel-import vehicles keep growth.
Jul. 25 , 2016Rumor of cooperation between Didi and Uber comes around. But the two sides all denied the rumor when receiving interviews from reporters.
Jul. 25 , 2016