Market & Industry
Dongfeng Peugeot keeps falling: fighting with self-independent brands
Dongfeng Peugeot keeps falling: fighting with self-independent brands

New Dongfeng Peugeot 308 was launched on September 25th, while Li Haigang, CEO of Dongfeng Peugeot, aims at self-independent brands, meaning Dongfeng Peugeot will keep falling to fight with self-independent brands.

Sep. 27 , 2016
Chinese Automakers Have Invested about 200 Million RMB in Foreign Markets
Chinese Automakers Have Invested about 200 Million RMB in Foreign Markets

Reportedly, Chinese automakers have invested about 200 billion RMB on the development of foreign markets in the past three years.

Sep. 26 , 2016
BAIC Aims to Take up Larger Market Shares of SUV with Development of New Modes
BAIC Aims to Take up Larger Market Shares of SUV with Development of New Modes

Reportedly, sales of BAIC, one of leading automakers in China were 869,000 units in the first half in 2016, with a year-on-year rise of 14.1%, which is 5% more than that of overall passenger vehicle market. Soaring sales of SUV have been the leading

Sep. 25 , 2016
Improvement in Consumption Has Caused Drop in Sales of Subcompact in China
Improvement in Consumption Has Caused Drop in Sales of Subcompact in China

Sales of subcompact dropped by 31% while there was double-digit increase in sales of the auto market overall in China in August.

Sep. 21 , 2016
News of Jia Yueting financing USD 1b spamming: How far is LETV from mass-production car?
News of Jia Yueting financing USD 1b spamming: How far is LETV from mass-production car?

Yesterday, Jia Yueting, CEO of LETV Holding, announced that LETV accomplished its USD 1.08b financing and revealed LeSEE’s first-round financing list, including Yingda Capital, Shenzhen Capital Group Co., LTD, Legend Holdings, China Minsheng Trust, M

Sep. 21 , 2016
Media: China’s Zhongtong Bus Sold off Stocks for Turnover of Capital
Media: China’s Zhongtong Bus Sold off Stocks for Turnover of Capital

Reportedly, Zhongtong Bus, one of leading automakers of commercial vehicles in China sold off stocks of 290 thousand RMB and 300 thousand respectively on June 15 and June 23, vibrating regulations.

Sep. 20 , 2016