News
SGMW reaches annual sales volume of 2.13m units
SGMW reaches annual sales volume of 2.13m units

Reporters learn from official news that SGMW’s annual sales volume exceeds 2.13m units in 2016, reaching a historical high.

Jan. 3 , 2017
GMMC  to Have Two Imported SUVs in 2017
GMMC to Have Two Imported SUVs in 2017

CMMC currently has a total of three SUVs, namely Outlander, ASX and Pajero Sport. After confirming “SUV+ new energy” as the core of development, GMMC plans to further expand its lineup in the future.

Jan. 3 , 2017
GAC High-level Personnel Change Highlights Self-independent Brands'Importance
GAC High-level Personnel Change Highlights Self-independent Brands'Importance

Recently, media reported that GAC Group encountered a high-level personnel change, involving Vice Board Chairman Feng Xingya, Administrative Assistant General Manager Wu Song and Deputy General Manager Li Shao.

Dec. 30 , 2016
SUVs are Main Force of Auto Market
SUVs are Main Force of Auto Market

According to statistic data from CAAM, the auto market has production and sales volume of 25.03m units and 24.95m units respectively this year, increasing 14.3% and 14.1% with the same period of last year respectively. SUVs have outstanding performan

Dec. 29 , 2016
FMC to Receive $47.14 Million Financing while Tencent and Foxconn is to Exit
FMC to Receive $47.14 Million Financing while Tencent and Foxconn is to Exit

On December 28th, Harmony Auto announced in its statement that, it will unit Lihe Auto Technology Co., Ltd, Jinheng Investment Co., Ltd and FMC management to raising fund for FMC Cayman for A-round of investment.

Dec. 29 , 2016
Policy Outlook in 2017: Less Subsidiaries and Higher Auto Purchasing Expenditure
Policy Outlook in 2017: Less Subsidiaries and Higher Auto Purchasing Expenditure

Although Chinese auto market faces a macroeconomic downturn in 2016, the market also achieves a two-digit growth stimulated by the halving purchasing tax policy and implementation of alternative energy vehicles. The following parts will give a brief

Dec. 28 , 2016