Gasgoo.com (Shanghai) - As OICA statistics compiled by Gasgoo.com (Chinese) show, China was the world’s largest automobile market in 2015. In terms of production numbers, China led the rest of the world, followed by the US, Japan, Germany, South Korea, India, Mexico, Spain, Brazil and Canada.
Jun. 21 , 2016Recently, BAIC held the share transfer ceremony with Fujian Motor to officially receive 35% shares of FBAC, formerly held by Fujian Motor. The two sides will together hold 50% shares of FBAC. Another 50% shares of FBAC are held by Daimler Hong Kong.
Jun. 21 , 2016Dongfeng Commercial Vehicle Co. Ltd. held a cadre assembly on June 20th. Zhu Yanfeng, Chairman of Board and Party Committee Secretary attended the meeting and made an important speech. Tong Dongcheng, Party Standing Committee member and Vice General Manager of Dongfeng Motors, took as the meeting host.
Jun. 21 , 2016Gasgoo.com (Shanghai) - One trend evident in recent years is the decline of Korean manufacturers in the SUV market. Only one Korean SUV model, Beijing Hyundai’s New Tucson, managed to sell over 10,000 units in April, as shown by China Passenger Car Association statistics compiled by Gasgoo.com (Chinese). Other Korean SUVs, including the ix25, KX5, Sportage-R, ix35 and KX3, were far outside of the top 20 best-selling SUV models of the month.
Jun. 16 , 2016ZhongShan, a southern city in China, has released a draft version of the Outlet of the development and deployment of alternative energy vehicles in ZhongShan (herein after referred as the Draft) on the official website of Zhongshan Development & Reform Bureau on June 14th. According to the Draft, ZhongShan will grant 1.1 billion yuan over the next five years to equip the city with adequate charging facilities, and boost the number of alternative energy vehicles to 9,500 units and the number of charging piles to 10,000 units by 2020.
Jun. 16 , 2016China’s government may no more implement policy of decreasing tax on purchasing vehicles with displacement of 1.6L or less since December 31 in 2016. However, China Association of Cars Manufacturers is planning to apply for extending implement period.
Jun. 16 , 2016