BYD Auto, among other 11 Chinese domestic carmakers, has released its strategic plan for alternative energy vehicles in 2016.
Feb. 19 , 2016China’s LeEco and Aston Martin yesterday signed a Memorandum of Understanding (MOU) towards the establishment of a joint venture of which both sides would take up 50% percent of shareholdings respectively.
Feb. 18 , 2016The sales volume of alternative energy vehicles reaches 13,748 units in January, increasing 1.8 times compared with January, 2015. The growth increases greatly from August, 2015 and reaches top in December with a monthly increase of 10,000 units. The slight decrease in January is within the normal range.
Feb. 17 , 2016According to the latest survey conducted by China Automobile Dealers Association, there are more Chinese dealers which were not satisfied with their business performance and made less profits in 2015, compared against the year of 2014. Supporting this point, there are only 21.8% profitable dealers last year while 48.5% of them only made ends met and 29.7% even lost money. Under this harsh circumstance, dealers must turn to transformation to survive.
Feb. 16 , 2016Recently, Chrysler China submitted the recall plan to AQSIQ for file, including more than 10,000 imported vehicles covering GrandCherokee,Commander and Cherokee under Jeep brand.
Feb. 16 , 2016