Automobile ownership of year 2013 in China has exceeded 137 million cars, which adds 5.70 million than year 2007 has. Compound growth is as high as 15.81%. Take 6% scrap ratio (which equal to scrap volume/ ownership volume) in developed country, Chinese disassemble market has huge potential.
May 29 , 2014“At present, MIIT indeed plans to clear local protective policy.” On May 25, XU Yanhua, vice general- secretary of China Automobile Industry Association tells reporter during interview. The plan of MIIT aims clearance of new energy automobile popularities.
May 29 , 2014Soichiro Okudaira takes his first media show on May 23. He is the core leader of China made hybrid technology, which is geared in Corolla and Levin in year 2015.
May 29 , 2014Gasgoo.com (Shanghai May 27) - Great Wall Motors, once heralded as China's most promising own brand manufacturer, has recently attracted doubt concerning its future prospects. Instead, many in the country are looking towards Changan Automobile to become the country's new leading own brand manufacturer. The information comes from a new report from the Gasgoo Automotive Research Institute, one of the country's most authoritative sources on the automotive industry.
May 27 , 2014At night of May 23, 2014, China Automotive Engineering Research Institute CO., LTD (hereafter referred to as CAERI) announced that the inspection center of the company was received improvement notification of Ministry of Industry, Information and Technology (hereafter referred to as MIIT).
May 27 , 2014On 23 May, BYD has suspended its SSE stock and HSE stock because of important announcement. Price of SSE and HSE of BYD has ended with 42.16 CNY and 41.15 HKD respectively.
May 27 , 2014