News
JAC raises ￥4.5 billion as launching alternative energy vehicles tactic
JAC released a non-public offering to raise no more than 4.5 billion CNY ($725 million) as the company launches alternative energy vehicles strategy following Lifan Motors and Great Wall Motors.
Jul. 30 , 2015Chinese automakers see in new normal with reducing inventory while expanding capacity
The overall Chinese vehicle market has entered in the new normal (minimal growth) period as Chinese domestic economy ushers in the new normal.
Jul. 30 , 2015The worst situation in Chinese passenger vehicle market
Chinese passenger vehicle reported a rather low sales growth rate of 5.2% in the first half of the year, the most terrible situation in 15 years.
Jul. 29 , 2015