Gasgoo.com (Shanghai May 27) - Great Wall Motors, once heralded as China's most promising own brand manufacturer, has recently attracted doubt concerning its future prospects. Instead, many in the country are looking towards Changan Automobile to become the country's new leading own brand manufacturer. The information comes from a new report from the Gasgoo Automotive Research Institute, one of the country's most authoritative sources on the automotive industry.
May 27 , 2014At night of May 23, 2014, China Automotive Engineering Research Institute CO., LTD (hereafter referred to as CAERI) announced that the inspection center of the company was received improvement notification of Ministry of Industry, Information and Technology (hereafter referred to as MIIT).
May 27 , 2014On 23 May, BYD has suspended its SSE stock and HSE stock because of important announcement. Price of SSE and HSE of BYD has ended with 42.16 CNY and 41.15 HKD respectively.
May 27 , 2014Last Wednesday, VW extends 3 senior managers’ tenure, which includes Colin, vice president of VW sales, Huntsman, CEO of VW China and Stadler, Audi CEO. All the above 3 are members of board of director.
May 23 , 2014During the recent 10 months since August last year, Shanghai VW Skoda has introduced 4 new cars into market. It is confirmed that Winfried Vahland, VW's China president, says Skoda shall introduce 1 new car every half year.
May 22 , 2014According to statistics of iFinD, total research cost of 23 automobile companies of year 2013 is 20.9 billion CNY, which has increased 8% over last year. Research cost of SAIC is the highest among them. From the research cost- sales ratio perspective, JMC takes the top rank with 5.69%.
May 22 , 2014