Market & Industry
Rumors of Volkswagen: 20% staff to be laid off in China
According to an insider, VW China is likely to lay off 20% staff in China, so as to cut personnel costs.
Oct. 21 , 2015Nearly 26,000 Vehicles Damaged, the Aftermath of 8•12 Tianjin Blast Lasts
“According to incomplete statistics, the number of damaged or ruined cars resulted from 8·12 Tianjin blast exceeds 22,000 with different automobile enterprises on varying degrees,” revealed by Wang Cun.
Oct. 19 , 2015China introduced new CAFE-like requirements, using credit system to encourage alternative energy vehicles
The draft version of the Measures for the Management of Corporate Average Fuel Consumption（hereinafter referred as Measures）has been completed by the Chinese government and will be released to seek public opinions.
Oct. 16 , 2015