With sales of cars having reduced, FAW in China suffered another decrease in the revenue and the net profit in the first quarter in 2016.
May 5 , 2016Gasgoo.com (Shanghai May 4th)- Whether to decrease proportion of shares held by Chinese partners when establishing automotive joint ventures in China has sparked debates in this country recently.
May 4 , 2016Gasgoo.com (Shanghai May 4th)– Ten Chinese cities in Hebei province has lifted ban on pickup trucks entering cities, effective from May 1st, making Hebei the fourth Chinese province that allows pickup trucks entering the city area.
May 4 , 2016It’s known by the reporter of National Business Daily, Chinese self-owned carmakers, including BYD, JAC, BAIC and ZOTYE AUTO, have all debut their new models at the 2016 Beijing Auto Show. The number of alternative energy vehicles has totaled 147 models at the show, which reflected that carmakers hadn’t slowed down their efforts towards alternative energy vehicles despite that Chinese government’s subsidy for these models has been decreasing.
May 3 , 2016Gasgoo released a list of the Top Ten foreign automakers based on their sales in China in the first quarter of 2016. GM beat VW by reaping the largest sales. Ford won all Japanese automakers. Only Hyundai Kia and Peugeot Citroen suffered yearly decline among these ten automakers.
Apr. 29 , 2016