Market & Industry
Beijing Automobile Speeding Up For IPO, “Beijing 40” IPO Fulfills Chinese Owned Automobiles Series

At present, Beijing Automotive Co., Ltd. of Beijing Automobile Group introduces its first SUV mode “Beijing 40” into market. As for the 5 years’ time costing mode, Beijing Automobile Group does not expect too much on it. LI Feng, president of Beijing Automotive told reporter of during interview that “if we say Saab is using for “driving”, then Beijing 40 is using for “playing”.”It expects 8 – 10 thousand sales annually.

Jan. 3 , 2014
Escape Recalls Late, Changan Ford 790 Thousand Sales Goal Facing Challenge

Escape recalling becomes hot topic for auto industry recently. Consumers safeguard legal rights—Changan Ford insists no quality problem—implement recall. After three phrases, it becomes risk with high growth of Changan Ford.

Jan. 3 , 2014
The Broken Bearings Issue of Escape has Little Effect on Chang'an

From September 2013, the broken bearings issue of Chang'an Ford Escape was often seen on the media. The manufacturer recently announced that Escape would be recalled due to disqualified material causing the broken issue. An expert in auto industry said it was convincing that blaming the issue on supplier but manufacturer should also check the structure and technology.

Jan. 3 , 2014
BMW Implements Channel Reformation, Ange“Redefines” Localization

After one year Ange taking over BMW Great China, people feel the reformation of BMW now. Recently, as reporter known from BMW Beijing dealers, BMW starts to adjust its imported and China made cars percentage at terminal. It relatively improves China made cars percentage. However, BMW initialed its channel reformation not long ago. It increases Southeast region into original four sales regions to refine sales mode according to market change.

Dec. 31 , 2013
“Shanghai” Automobile Comes Back to Market Aiming New Energy Segment, Copy Roewe But Cannot Total Independence

“Shanghai” automobile will come back to life. It takes SAIC new energy car technologypopularization duty. However, its role repeat Roewe for SAIC, which shows SAIC hesitate for “Shanghai” position.

Dec. 31 , 2013
Big Three Japanese Automobile Companies Nov Sales Hit Record High in China

Big three Japanese automobile companies sales in Nov has hit record high in China over the sales performance of the same period of last year. Last year, Japanese automobile sales has influenced by Diaoyu Island, which decrease dramatically. Therefore, new car sales of Nov are sharp contrast with before.

Dec. 31 , 2013