Market & Industry
Chinese Government to Plan Rural Car Purchase Subsidies for Rural Area residents

It’s suspected that Chinese government may introduce a new round of subsidies for car purchase in rural areas of China in the near future. Several listed carmakers, including Changan, had sought confirmation from involved governmental apartments, while nothing had been confirmed yet.

Dec. 10 , 2015
Subcompacts Sold Below Cost, More Consumers Want SUVs in China

Recently, the once prevailing Subcompacts, have made car dealers quite miserable. As we suspected, SUVs are now the Chinese buyers’ new favorite while almost all the Subcompact models in China are being sold below cost.

Dec. 8 , 2015
Chery and ChanganTurn to Cooperation to Expand Overseas Markets

These two companies are now discussing possible cooperation in overseas markets. To be noted, Changan and Chery had already discussed the possibility to develop a common financing platform in Brazil market in the past so as to share cost and enhance competitive power.

Dec. 8 , 2015