Market & Industry
Chinese Automobile Dealers Still Make Slice Profit

A list of Top 100 automobile dealers in China in 2015 has been released recently.

Jun. 13 , 2016
Geely’s sales volume increases 19% in May: Emgrand GS and NL3 selling 2,800 and 6,000+ units

According to the latest data released by Geely, its sales volume reaches 45,850 units in May, increasing 19.7% compared to 38,395 units in May, 2015, the highest monthly growth in 2016. The sales growth is largely promoted by the domestic sales volume, which increases 29.2% from 34,231 units in May, 2015 to 44,220 units, while the exported sales volume decreases 60.9% to 1,630 units. Geely’s total sales volume from January to May reaches 233,763 units, increasing 6.7% from 219,038 units in last year. The domestic sales increases 10.1% to 224,050 units and exported sales decreases 37.5% to 9,713 units.

Jun. 12 , 2016
GAC and LeTV to build JV company, building an Internet ecosystem

GAC Group announced in the evening of June 6th, that the board of directors of the company has passed a proposal regarding adjusting the Internet ecosystem of GAC Group. According to the announcement, the company’s project to develop an Internet ecosystem is funded jointly by GAC Group, LeTV and Urtrust Insurance, with an investment proportion of 45%, 40% and 15% respectively.

Jun. 7 , 2016
Rowe e550 on FireJun. 7 , 2016