Market & Industry
Over 20000 new energy vehicles to be added to Beijing, Tianjin and Hebei public transport sectors

Gasgoo.com (Shanghai October 23) - The Ministry of Industry and Information Technology, National Development and Reform Commission, Ministry of Science and Technology and four other government bodies released new legislation to promote the development of new energy vehicles in the public sphere, the China Securities Journal reported today. According to the legislation, the government will try to bring 20,222 new energy vehicles for use as public transport vehicles in Beijing, Tianjin and Hebei, as well as construct 94 new charging stations and 16,200 charging posts. Experts believe that the new infrastructure will greatly benefit the advancement of the new energy vehicle market.

Oct. 29 , 2014
FAW-VW officially comments on Sagitar recall

Gasgoo.com (Shanghai October 28) - FAW Volkswagen has officially commented on the recall of the Sagitar, the Beijing Evening News reported today. FAW-VW commented on the issue at a recent press conference held in association with VW China's import car division. According to the manufacturer, the action is part of a company-wide recall of Sagitars from all across the world.

Oct. 29 , 2014
Dongfeng Peugeot Citroen and other automobile manufacturers look to western China

Gasgoo.com (Shanghai October 23) - Multinational automobile enterprises have been responding to favorable government policies encouraging development in China's western regions. Dongfeng Peugeot Citroën has already begun constructing its 12.3 billion RMB ($2.01b) fourth production site in Sichuan's capital of Chengdu. The site, which is designed to possess an annual production capacity of 360,000 vehicles, is scheduled to begin operation by the end of 2016. It will be responsible for producing premium SUV and minivan models for the Dongfeng Peugeot and Dongfeng Citroën lines. Other international manufacturers have also begun following suit, with VW, Toyota and Volvo have also begun establishing production sites of their own in the west of the country.

Oct. 23 , 2014