News
Shanghai GM changes leader, Yongming Ye Transferred to CEO of Brilliance Group

According to the announcement published by Shanghai Municipal, Yongming Ye, VP of SAIC and general manager of Shanghai GM, may take CEO of Brilliance Group.

Aug. 7 , 2013
Australia new vehicle sales up 4.1 percent in July: industry

Sales of new vehicles in Australia were up 4.1 percent in July, compared to the same month last year, though down from a record peak in June when demand is typically boosted by end of financial year discounts.

Aug. 6 , 2013
Mercedes to add head-up display in '14

Mercedes-Benz has done a turnabout on the subject of head-up display and now plans to offer the feature on its redesigned S class and C class, say company sources.

Aug. 6 , 2013
Audi builds up compact product matrix by A3 China-made

Audi announced that the sales quantity accumulated to a total number of 20 million, and China-made models took 80%. Compared to 22 years cost before sales accumulated to the 1st million, it only took 9 months and 2 years of Audi to achieve its 2nd million, which is 3 months early than expectation.

Aug. 5 , 2013
Pace may shift at auto market in the next half year

CADA published “Survey Result of Car Dealers’ Inventory” of June recently. Car dealers’ integrated inventory index declines to 1.53, whichdeclines0.45over the same period of last yearand declines 0.05 on month-on-month basis.However, itexceeds the warning line.

Aug. 5 , 2013
Skoda meets transition pain, global profit declines46%

“Revenue of Skoda declines 13% over the same period last year, profit declines 46%.” Volkswagen Group announced operation situation of Skoda at the first half this year. Personage inside industry isstunned by the revenue and profit slide downward to such a large extent.

Aug. 5 , 2013