Wang also pointed out that the purchase restrict policies in big cities are drawing the costs of car ownership higher for which more and more customers are turning to car-sharing service.
Mar. 20 , 2017
JAC new energy vehicles are experiencing sustained decline. In January this year, sales of JAC pure electric passenger vehicles was zero. In February, JAC pure electric passenger vehicles sales experienced a decline of nearly 90%.
Mar. 20 , 2017
NEXTEV, the newly-developing automaker, has completed an equity trading of $600 million leading by Tencent and Baidu and followed by other companies. After the investment, the market value of NEXTEV is about RMB20 billion yuan.
Mar. 17 , 2017
Official of China First Automobile Group (Chinese FAW) recently said in an interview, the "national auto" Red Banner will launch 8 new models by 2020, including Red Banner H7, Red Banner H5 and Red Banner SUV.
Mar. 16 , 2017
Roewe 360 has coming into the market officially. The new car adds an additional version of 1.5L automatic intelligent screen, which is sold 85.9K yuan; at the same time, the 20T TST Elite version was cancelled.
Mar. 16 , 2017
Chinese passenger cars on the narrow definition sales rose 9.3% year-on-year to 144,820,000 units in February and declined 30.2% on month-on-month basis,according to the data released by CPCA.
Mar. 16 , 2017