News
Ford dispels rumor about stake increase in China
Ford dispels rumor about stake increase in China

Local media reported that Ford motor has the intent to increase the stake in Changan Ford, its joint venture with Changan Automobile and the American automaker uses new models as bargaining chips. However, both Changan Ford and Ford China denied t

Oct. 23 , 2018
Breakdown of Chinese automakers sales in September
Breakdown of Chinese automakers sales in September

Gasgoo hereby summarized the sales data released by corresponding automakers. Five out of 10 Chinese automakers on the table suffered YoY sales drop in September. SAIC Motor encountered its first YoY decrease in monthly sales so far this year.

Oct. 23 , 2018
BAIC Motor net profits attributable to parent owners skyrocket 93.32% for first three quarters
BAIC Motor net profits attributable to parent owners skyrocket 93.32% for first three quarters

For the first nine months, BAIC Motor’s operating profits jumped 32.69% over a year ago to RMB17.019 billion and its net profits attributable to shareholders amounted to RMB3.806 billion, strikingly surging 93.32% from a year earlier.

Oct. 23 , 2018
Beijing forecasts RMB 100 billion market value on ICV industry
Beijing forecasts RMB 100 billion market value on ICV industry

Beijing will be dedicated to building the manufacturing and service system for the ICV industry and relevant industries, whose make value will hit RMB100 billion by 2022, according to a white paper issued by the Beijing authority.

Oct. 22 , 2018
Tencent developing in-vehicle Wechat and Mini Programs
Tencent developing in-vehicle Wechat and Mini Programs

Automotive industry is one of the most important fields for Tencent’s industrial internet exploration.

Oct. 22 , 2018
Changan Automobile NEV subsidiary to bring in new investors for Mission Shangri-La
Changan Automobile NEV subsidiary to bring in new investors for Mission Shangri-La

Changan Automobile announced on October 19 that its wholly-owned subsidiary Chongqing Changan New Energy Vehicle Technology Co., Ltd. plans to bring in no less than 3 new strategy investors to accelerate the deployment of the Mission Shangri-La.

Oct. 22 , 2018