Acquisition of Uber China has led to increase in price in Taxi service provided by Didi Chuxing, which may be from 5% to 10%, as some passengers have complained.
Sep. 19 , 2016
Sales of passenger vehicles were 1.759 million units in this month, including 0.917 million units of vehicles of new modes. And sales of small cars were 0.841 million units with a year-on-year decrease of 16.7%.
Sep. 18 , 2016
On September 2ed, Department of Commerce said on its press conference that, Didi and Uber hadn’t submitted any stuff about their amalgamation. Currently, Department of Commerce has conducted an anti-monopoly investigation and scheduled meetings twice with Didi for their transaction details, reasons for failing to submit, and demanded Didi to submit relevant papers.
Sep. 18 , 2016
A detailed list of cheating subsidiaries for domestic alternative energy vehicles spread in the market on September 8th.The list has a detailed calculation on 93 auto companies, in which 72 companies are involved in cheating subsidiaries with different level, concerning 76,374 units’ vehicles and RMB 9.27b.
Sep. 14 , 2016
Gasgoo.com (Shanghai) - Luxury midsize sedans like the Audi A4L, BMW 3 Series, Mercedes-Benz C-Class, Volvo S60L, Cadillac ATS-L and Infiniti Q50L continue to be the dream vehicle for many Chinese consumers. This class of luxury midsize sedans account for 22.07% of all midsizes sold in China. Part of the reason for this high market share is because that these vehicles were sought after even before they were officially introduced to the Chinese market. Their popularity has further increased as their prices have decreased from over 400,000 RMB to just over 260,000 RMB.
Sep. 14 , 2016
BAIC, one of leading automakers in China, may cooperate with Fiat Chrysler to build a new Joint Venture, which is expectedly to be confirmed by December, 2016.
Sep. 13 , 2016