News
BAIC Aims to Take up Larger Market Shares of SUV with Development of New Modes
BAIC Aims to Take up Larger Market Shares of SUV with Development of New Modes

Reportedly, sales of BAIC, one of leading automakers in China were 869,000 units in the first half in 2016, with a year-on-year rise of 14.1%, which is 5% more than that of overall passenger vehicle market. Soaring sales of SUV have been the leading

Sep. 25 , 2016
With senior managers resigning again, Auto Home was totally took over by Pingan
With senior managers resigning again, Auto Home was totally took over by Pingan

On September 22th, news came from Auto Home that another senior manager reshuffle took place, with its co-founder Fan Zheng and General Manager of second-hand Business Unit Hu Yongping resigning at the same time.

Sep. 23 , 2016
FAW Car to Sell Equity of Hongqi to FAW Group in China at 830 Million RMB
FAW Car to Sell Equity of Hongqi to FAW Group in China at 830 Million RMB

FAW Car in China announced to sell equity of Hongqi to FAW Group on September 18.

Sep. 22 , 2016
Media: China’s Zhongtong Bus Sold off Stocks for Turnover of Capital
Media: China’s Zhongtong Bus Sold off Stocks for Turnover of Capital

Reportedly, Zhongtong Bus, one of leading automakers of commercial vehicles in China sold off stocks of 290 thousand RMB and 300 thousand respectively on June 15 and June 23, vibrating regulations.

Sep. 20 , 2016
Summary: Best-selling passenger automobile models in August
Summary: Best-selling passenger automobile models in August

Gasgoo.com (Shanghai) - According to statistics compiled by Gasgoo.com (Chinese), a total of 1.75 million passenger automobiles were sold in China in the month of August. That figure represented commendable year-on-year growth of 28.5%, similar to gr

Sep. 20 , 2016
SAIC Advertising and Propaganda expenses reached RMB 4.7b
SAIC Advertising and Propaganda expenses reached RMB 4.7b

Data shows that SAIC’s advertising and propaganda expenses reached RMB 4.74b in the first half of year, top of all domestic listed companies and two times of the total expenses of the runner-up five auto companies. But the proportion of above expense

Sep. 20 , 2016