News
Dongfeng Peugeot Citroen lowers its annual sales target to 402,000 units
Dongfeng Peugeot Citroen lowers its annual sales target to 402,000 units

It’s learned that Shenlong Auto adjusts its annual sales volume from 700,000 units set at the beginning of year to 402,000 units during the strategic seminar.

Oct. 23 , 2017
BAIC Motor plans to be listed in A-share market
BAIC Motor plans to be listed in A-share market

Currently, BAIC Motor released an announcement in HKEX that the board decided to submit resolution on initial public offering and listing of A-shares to interim general meeting of shareholders and seek for approval.

Oct. 23 , 2017
Auto outlook of 19th CPC National Congress
Auto outlook of 19th CPC National Congress

Many topics related with automobile were heatedly discussed, and auto celebrities were also shared their ideas with the public during the opening of the 19th CPC National Congress.

Oct. 23 , 2017
China considers allowing foreign automakers to set up wholly owned EV businesses in free-trade zones
China considers allowing foreign automakers to set up wholly owned EV businesses in free-trade zones

In recent days, China was said to ease restrictions on foreign investment in such sectors as finance and NEVs, and continue to simplify the management procedures for foreign investment。

Oct. 20 , 2017
Minister of MIIT: NEV production and sales this year are expected to grow 30%
Minister of MIIT: NEV production and sales this year are expected to grow 30%

New energy vehicle sales have been recovering by the third quarter, with the total sales volume growing 30% year-on-year. Currently, the monthly production and sales volumes are nearly 80,000 units

Oct. 20 , 2017
FAW Car profit soars nearly 150% in the previous three quarters
FAW Car profit soars nearly 150% in the previous three quarters

AW Car released its performance forecast for the previous three quarters on October 14th and said that the net profit is expected to range between RMB 275m and 305m in the previous nine months, growing 138.42% to 142.61% year-on-year.

Oct. 20 , 2017