Market & Industry
Sales of Small Car Plummeted by 31% in China
Sales of Small Car Plummeted by 31% in China

Sales of passenger vehicles were 1.759 million units in this month, including 0.917 million units of vehicles of new modes. And sales of small cars were 0.841 million units with a year-on-year decrease of 16.7%.

Sep. 18 , 2016
Department of Commerce conducts anti-monopoly investigation on Didi and Uber’s first month of amalgamation
Department of Commerce conducts anti-monopoly investigation on Didi and Uber’s first month of amalgamation

On September 2ed, Department of Commerce said on its press conference that, Didi and Uber hadn’t submitted any stuff about their amalgamation. Currently, Department of Commerce has conducted an anti-monopoly investigation and scheduled meetings twice with Didi for their transaction details, reasons for failing to submit, and demanded Didi to submit relevant papers.

Sep. 18 , 2016
Xpeng Motors released its first Internet car
Xpeng Motors released its first Internet car

Xpeng Motors’ first BEV SUV, Xpeng Motor BETA version, made its public debut on September 13th, 2016. Although the new car is a prototype vehicle, 90% design has come into the stage of mass production. The car will meet batch production this year, produce 100 units at the middle of 2017 and 20,000 units at the end of 2018.

Sep. 17 , 2016
Auto sales volume ranking list in August, 2016: Jetta exceeded Lavida to be car champion
Auto sales volume ranking list in August, 2016: Jetta exceeded Lavida to be car champion

Passenger vehicle market achieves a sales volume of 1.76m units in August, increasing 28.5% with the same period of last year and keeping level with July’s growth. But the ranking result has changed greatly.

Sep. 13 , 2016
Over 20 Automakers in China Were Accused of Defrauding GV Subsidizes of 10 Billion RMB
Over 20 Automakers in China Were Accused of Defrauding GV Subsidizes of 10 Billion RMB

Reportedly, there have been over 20 automakers involved in subsidizes defraud in China. Except for five automakers disclosed by China’s government, even some major automakers including Geely, Yutong, JAC, BYD, Nissan and others, have been found involved in violating subsidizes program, according to China’s media.

Sep. 13 , 2016
Chana Ford sets a “small” target for its future five years

The year 2015 is the ending year for the “12th-five” period. The biggest domestic auto joint-venture brand Chana Ford, successfully sold 836,000 units in 2015, ranking among top 8 places.

Sep. 9 , 2016