Last week, Resignation of Fu Qiang, previous CEO of Volvo China, shocked automakers in China. There may be an increasing number of senior managers of automotive corporates to resign in the future, reportedly.
May 27 , 2016The official launching of Chery Tiggo 3 on May 21th, with the price set between 68,900 to 92,900 RMB, includes six models of 1.6L displacement. As one of the most important models of Chery, Tiggo 3 keeps a steady performance since its launching.
May 26 , 2016Problems including rough idling and noisy gearbox has reportedly caused bad comments from customers on Focus of Changan-Ford, a JV automaker in China, since January 1, 2015.
May 26 , 2016During an interview at 2016 China Automotive Innovation Summit on May 18th, An Conghui, CEO of Jiejiang Geely Holding Group, said that the company’s further rapid growth couldn’t be achieved in isolation with R&D and that’s the reason why they will invest more than 8 billion yuan in this field alone in 2016.
May 24 , 2016Compared with March, car market has a sales decline of 12.85% in April, decreasing 2.91% with the same period of last year. In line with the market environment, most models have declining sales volume but Jetta has a slight increase. Lavida faces a 32.6% decrease of 16,700 units, 20 percentage points higher than the average market. Besides, Santana also underperforms the market. Analysts believe the competitive power of Shanghai Volkswagen will be weakened when other main brands are upgrading models.
May 24 , 2016