Dongfeng Peugeot Citroen Automobile Company Ltd in China released strategic plan yesterday, aiming at revenue of RMB 100 billion yuan and production of 34 new models including six of alternative energy vehicles until 2020.
May 13 , 2016Threshold of Free License Plates for Shanghai Alternative Energy Vehicles is Raised again: Owners’ Credits will be Examined.
May 13 , 2016After a pretty sweet first quarter, China’s auto market may go back on the roller coaster again. Statistics released by several major automakers shows that their sales records in April have all witnessed significant decreases compared against this March.
May 13 , 2016Result of price adjustment on refined oil products by China’s government will be known on May 12. Some agencies believe that the price will go up for the second time in 2016.
May 11 , 2016Inside sources from Beijing Hyundai has confirmed that Li Yixiu, Sales Director at this joint venture, will leave his position at the company to succeed Fan Jingtao to be the new Vice General Manager at BAIC Motor Sales company while Fan Jiongtao will succeed Li Yixiu as the new Sales Director at Beijing Hyundai.
May 11 , 2016Xu Heyi, President of BAIC Motor, surprised the audiences of Beijing Auto Show by making a big entrance driving one of the company’s alternative energy supercar ARCFOX-7. More importantly, BAIC surprised the stage by gathering the overwhelming majority of its domestic brands including BAIC Motor, Changhe, BAIC BJEV, FOTON and BAIC YinXiang, together with its joint venture brands including BAIC Hyundai, BAIC Mercedes-Benz and Changhe Suzuki, and also the large number of models it brought to the show.
May 11 , 2016