News
Beijing Auto Group Decides Recombine Changhe Auto, or Announces in Oct

At present, as reporter known from the inner staff of Beijing Auto Group that the company is going to recombine Changhe Auto, and project goes fine. “The decision will be announced in October if no accident happened.” After Beijing Auto merged Changhe Auto, Changhe might be put under new auto business unit new founded by Beijing Auto Group.

Oct. 12 , 2013
VW's top execs split on unionizing Tennessee plant, report says

Volkswagen AG's top executives are divided over whether and how workers at the company's Tennessee assembly plant should be represented by a union, but ultimately will insist on a formal vote by those employees, a person with knowledge of the VW board's thinking said.

Oct. 11 , 2013
Marchionne: IPO not best way to invest in Chrysler

CEO Sergio Marchionne discouraged investors at a conference last week from participating in Chrysler Group's initial public offering -- a process that was forced by the automaker's second-largest shareholder last month.

Oct. 11 , 2013
Japanese Auto Recovering: New Modules Introducing, Localization Speeding Up

“Sales of Japanese auto will not recover in a short time.” Yang DONG, secretary-general of China Association of Automobile Manufacturers told media in Sept 2012. The situation has not changed much after one year.

Oct. 11 , 2013
GM Sales Reaches Record High, Increases 13.7%

Today, GM has published its last sales record in Chinese. According to the report, sales of GM and its joint ventures have increased 13.7% over the performance of last year to 277,647, which has hit a record high compared with every single Sept sales since it entered China.

Oct. 11 , 2013
Energy saving and Environmentally Friendly Auto Subsidy Been Published, Standard Has Not Changed

On 30 Sept, Finance Ministry, Development and Reformation Ministry and Industry and Information Ministry has announced that it will implement 1.6L and below energy saving and environmentally friendly auto promotion from 1 Oct 2013 to 31 Dec 2015. Subsidy standard has not changed, which is 3 thousand Yuan subsidy offering when consumer buy certain cars. However, new policy has raised its threshold for auto catalog.

Oct. 11 , 2013