Gasgoo.com (Shanghai) - Foreign branded automobiles are still continuing to hold the dominant position in the Chinese passenger automobile market. Their combined sales are around one million units every month and are continuing to grow. A total of 5.99 million foreign brand automobiles were sold over the first half of 2014. That figure represents year-on-year growth of 18 percent, which is higher than the 14.8 percent growth in the industry as a whole. Foreign brands accounted for 67.5 percent of all passenger automobiles sold in China in the first half of 2014, up 1.8 percent from the previous year.

Gasgoo.com (Shanghai August 14) - SAIC-GM-Wuling is establishing a brand new research and development center for its Baojun brand, the National Business Daily reported today. According to an official statement from the joint venture, the new Baojun R&D center will offer comprehensive functions and will provide support for its passenger automobile products.