News
GAC Honda, GAC Trumpchi announce generous bonus for staff
GAC Honda, GAC Trumpchi announce generous bonus for staff

The 2017 year-end bonus of GAC Trumpchi will be up to 12 months of salary. Besides, staff of the automaker will receive 10 percent higher salary this year than that of last year.

Jan. 31 , 2018
Jinbei expects net profit to soar 147.98% year on year
Jinbei expects net profit to soar 147.98% year on year

Jinbei Auto released its 2017 financial results on Jan. 31, expecting that it would gain annual net profit of RMB 100 million with a surge of 147.98%, compared to the loss of RMB 208 million in 2016.

Jan. 31 , 2018
JAC to see net profit skidding by 58% in 2017
JAC to see net profit skidding by 58% in 2017

Anhui Jianghuai Automobile Group Corp., Ltd. (JAC) predicted its 2017 net profit attributable to shareholders will plunge around 58% year on year, decreasing 677 million based on its 2016 net profit of RMB 1.162 billion.

Jan. 31 , 2018
GM to launch 15 news models in China 2018
GM to launch 15 news models in China 2018

General Motors (GM) announced that the company plans to launch a total of 15 new models and refreshed models in China this year.

Jan. 30 , 2018
FAW-VW Audi Q plant to be put into operation in March
FAW-VW Audi Q plant to be put into operation in March

The first phase of FAW-VW’s Changchun-based Audi Q plant is planned to be put into operation in March this year, according to FAW-VW. The new plant specializes in manufacturing all-new Audi Q5 and its derivatives models.

Jan. 30 , 2018
Haima shares plummet as annual sales drop sharply
Haima shares plummet as annual sales drop sharply

Haima Automobile shares posted the sharpest fall in the past two years, plummeting by 9.64 percent at RMB 4.22 and vaporizing RMB 680 million in market value.

Jan. 30 , 2018