Market & Industry
JAC New Energy Vehicles February Sales Decreased by nearly 90%
JAC New Energy Vehicles February Sales Decreased by nearly 90%

JAC new energy vehicles are experiencing sustained decline. In January this year, sales of JAC pure electric passenger vehicles was zero. In February, JAC pure electric passenger vehicles sales experienced a decline of nearly 90%.

Mar. 20 , 2017
NEXTEV Complete $600M Equity Trading Leading by Tencent and Baidu
NEXTEV Complete $600M Equity Trading Leading by Tencent and Baidu

NEXTEV, the newly-developing automaker, has completed an equity trading of $600 million leading by Tencent and Baidu and followed by other companies. After the investment, the market value of NEXTEV is about RMB20 billion yuan.

Mar. 17 , 2017
JAC Refine S7 May be Your Choice
JAC Refine S7 May be Your Choice

The domestic SUV market continued popular and the major domestic auto brands are in the rapid layout and enrichment of their SUV models product line.

Mar. 17 , 2017
2017 Roewe 360 is Officially Listed with Lowest Price of 75.9K Yuan
2017 Roewe 360 is Officially Listed with Lowest Price of 75.9K Yuan

Roewe 360 has coming into the market officially. The new car adds an additional version of 1.5L automatic intelligent screen, which is sold 85.9K yuan; at the same time, the 20T TST Elite version was cancelled.

Mar. 16 , 2017
PC sales slipped in first two months for first time in 12 years
PC sales slipped in first two months for first time in 12 years

Chinese passenger cars on the narrow definition sales rose 9.3% year-on-year to 144,820,000 units in February and declined 30.2% on month-on-month basis,according to the data released by CPCA.

Mar. 16 , 2017
Decreasing purchase tax benefits have limited effects, self-independent brands increasing 6.1% year-to-year in the previous two months
Decreasing purchase tax benefits have limited effects, self-independent brands increasing 6.1% year-to-year in the previous two months

Data from CAAM shows that self-independent brands sell 786,000 units in February with a year-to-year growth of 22.9%, 4.6 percentage points higher than the passenger vehicle market growth.

Mar. 16 , 2017