News
China’s Government: Five Automakers have Defrauded Governmental Subsidizes of1.01 billion RMB yuan

China’s government disclosed five automakers of green vehicles defrauding governmental subsidizes of 1.01 billion RMB yuan on 8 September.

Sep. 9 , 2016
Analysis: 2016 H1 fiscal performances of major Chinese automotive enterprises
Analysis: 2016 H1 fiscal performances of major Chinese automotive enterprises

Gasgoo.com (Shanghai) - Five of China’s six major automobile manufacturing enterprises, namely Dongfeng Motor, SAIC Group, BAIC Group, FAW Car and GAC Group, have released their fiscal reports for the first half of this year. Only Changan Automobile has yet to release its half year fiscal report.

Sep. 9 , 2016
Dongfeng Nissan Had Great Market Performance in China in August

Sales in August of Dongfeng Nissan were 86,000 units, with a year-on-year rise of 20%, according to data from the company.

Sep. 7 , 2016
Three Ministries tighten up Alternative Energy Vehicles by lifting Entry Level

On the 12th China Auto Industry Development International Forum held on September 2ed in Tianjin, Ministry of Finance, Ministry of Industry and Information Technology, together with National Development and Reform Commission (NDRC), all expressed their attitudes that policies on alternative energy vehicles will be tightened, performed by the lifting entry level of financial policies, enterprises and products. In the meantime, supports on alternative energy vehicles’ R&D will also be increased.

Sep. 6 , 2016
China’s Government to investigate on acquisition between DiDi Chuxing and Uber China

Di Di Chuxing, the largest transportation platform in China, hasn’t made governmental application for its acquisition with Uber China, on which China’s government has made investigation.

Sep. 5 , 2016
Benz released its sales volume in August, keeping growth for 42 months

Mercedes Benz brought two new cars and a debut model on Chengdu Auto Show, which was held on September 2ed. It’s learned that Benz delivered 303,619 units vehicles (smart vehicles included) in the Chinese market from January to August, keeping a period-to-period growth of more than 30% and achieving growth for a consecutive 42th month.

Sep. 5 , 2016