As the most profitable Automotive Group independent brands, GAC Motor profitability has always been a great concern. On Chengdu motor show, GAC Motor General Manager Woo Sung disclosed that from this January, GAC Motor began to profit and its profits reached 155 million Yuan in first half year. "GAC Motor is expected to realize maximum profits in 2015, the same level with the joint venture.” Woo Sung has always stressed that since the GAC Motor has alway been the Group's top priority since the establishment and GAC has never stopped investment on GAC Motor .
Sep. 4 , 2013After publishing its China made plan, Acura has accelerated its marketing in China. Besides, the company has introduced small displacement auto into Chinese market to low its product price and extend its customer group.
Sep. 4 , 2013In the first half of 2013, Changan Automobile accumulated production and sales respectively amounted to 1.048 million and 1.055 million vehicles, respectively up 22.5% and 18.3%. It is the first time that Changan Automobile sales break one million units in half a year, which also symbolizes that Changan auto smoothly realizes "double over 50%".
Sep. 4 , 2013Nicholas Speeks, president of Beijing Mercedes- Benz Sales Service Co. told media that according to Daimler AG anticipation, high-end auto market of China will have a more than 10% virtuous increase. However, Mercedes- Benz is unable to catch up the growth of auto industry in a short time.
Sep. 3 , 2013BYD has announced its net profit has increased substantially the first time in recent 4 years. MidAmerican Energy Co. of Berkshire Hathaway Inc. of Warren Buffett holds 10% stock share of BYD. It is the most high-profile investment of Buffett in China.
Sep. 3 , 2013General Motors Co's (GM.N) Cadillac brand is planning to expand its portfolio of premium crossover vehicles by 2017, in part to better compete with similar high-end offerings from German competitors.
Sep. 2 , 2013




