Chinese automaker Changan Automobile has decided to invest RMB 1.6 billion in intelligent-connect vehicle (ICV) area and grasped around 20 key technologies in autonomous driving modes and technical architecture.
Jun. 26 , 2018
FAW-Volkswagen is going to launch its third brand which will release three new models in 2019 which include a A-segment SUV model, a A+ segment SUV model built on the MQB-A1 platform and a sedan model based on the PQ25L platform.
Jun. 26 , 2018
China’s real estate developer Evergrande Group acquired 100% stake in the Hongkong-based TIME GOOD LIMITED (hereinafter referred to as Time Good) with an investment of HK$6.746 billion, Evergrande Health Industry Group Limited announced on June 25.
Jun. 25 , 2018
FAW-Volkswagen announced the completion of its Foshan plant’s second phase on June 22, which is expected to enhance the total production capacity of its South China base to 600,000 units on an annual basis.
Jun. 25 , 2018
According to the data released by corresponding automakers and the China Passenger Car Association (CPCA), Gasgoo summarizes major luxury vehicle brands’ China sales in May as below.
Jun. 25 , 2018
Despite a slight MoM decline, PV wholesales maintained steady growth by 8.6% YoY to nearly 1.85 mn units, bringing YTD growth rate to 6.2% YoY. The CADA inventory index in May hits at 1.59, and YTD average index reached at 1.60.
Jun. 25 , 2018