Predicted by CAAM, sales growing rate of Chinese auto market will be 5% this year and will reach 29.4 million units.
Jan. 19 , 2017
BAIC Group achieves operating revenue of RMB 406.1b in 2016, increasing 17.9% and surpassing annual target. The whole group accomplishes vehicle sales of 2.847m units, increasing 15% and 1.3 percentage points higher than average growth.
Jan. 18 , 2017
The first joint-venture alternative energy vehicle license plate may belong to JAC-Volkswagen project. Reporters got news that the project approval is entering into a special procedure, and it’s expected to be approved in the first half of this year.
Jan. 18 , 2017
Data shows that both Wei and Wang got an increasing salary of more than RMB 1m from 2014 to 2015, compared with GWM’s bad performance during that period, with net profit turning out to be RMB 8.22b, 8.04b and 8.05b from 2013 to 2015.
Jan. 17 , 2017
Guangzhou-based automobile juggernaut GAC Group sold a total of 1.65 million automobiles in 2016, representing total year-on-year growth of 26.96%. Despite the strong overall annual performance, GAC Group’s sales for the month of December alone were
Jan. 16 , 2017
On January 15th, LETV held a press conference with Sunac China, announcing that Sunac China would invest RMB 15b in LETV and other non-listed businesses. It’s the first time that LETV welcomes its second biggest shareholder in history.
Jan. 16 , 2017