“Sales of Japanese auto will not recover in a short time.” Yang DONG, secretary-general of China Association of Automobile Manufacturers told media in Sept 2012. The situation has not changed much after one year.
Oct. 11 , 2013Today, GM has published its last sales record in Chinese. According to the report, sales of GM and its joint ventures have increased 13.7% over the performance of last year to 277,647, which has hit a record high compared with every single Sept sales since it entered China.
Oct. 11 , 2013On 30 Sept, Finance Ministry, Development and Reformation Ministry and Industry and Information Ministry has announced that it will implement 1.6L and below energy saving and environmentally friendly auto promotion from 1 Oct 2013 to 31 Dec 2015. Subsidy standard has not changed, which is 3 thousand Yuan subsidy offering when consumer buy certain cars. However, new policy has raised its threshold for auto catalog.
Oct. 11 , 2013On September 27, at Shenbao International Supplier Press Media Symposium held by BAIC, BAIC Deputy President Chen Bao said, in the future 3-5 years, BAIC will concentrate on timely launching variety of new models which are based on Saab platform and he also said, homemade Shenbao models largely used Saab original supplier system, which accounted for high up to 80%in the whole parts suppliers, and in future Shenbao will continue to consolidate this advantage.
Oct. 8 , 2013On September 27, ChangAn PSA Automobile Co. Ltd (CAPSA) 's affiliated brand DS officially launched the first model DS5 to the market.
Oct. 8 , 2013Shanghai Free Trade Area is attracting more and more auto companies. As it known recently, BMW, Benz, Audi, GM and Porsche have mind to build their product display and sales area in Shanghai Free Trade Area after SAIC Automobile Group Co. Ltd. has built its trade company. Jaguar Land Rover, Lexus, Cadillac and Rolls-Royce are thinking about dealership found in Free Trade Area.
Oct. 8 , 2013