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FAW Group boasts H1 sales over 1.71 million, Hongqi brand YTD sales nearly reach 10,000 units
FAW Group boasts H1 sales over 1.71 million, Hongqi brand YTD sales nearly reach 10,000 units

FAW group posted a year-on-year sales growth of 7.1% with a total of 1,712,506 vehicles delivered from January to June, the group announced in recent days.

Jul. 16 , 2018
Zotye unveils new platform, strategic plan
Zotye unveils new platform, strategic plan

Zotye Auto recently released its all-new strategic plan and showcased its 3.0 version of ZFA architecture, which combines with a compact model platform, i.AFA, a mid-size model platform, i.BFA and a luxury vertically-positioned platform, i.LF

Jul. 13 , 2018
FAW, Dongfeng, Changan co-establish T3 mobility joint venture
FAW, Dongfeng, Changan co-establish T3 mobility joint venture

FAW Group, Dongfeng Motor Corporation and Chongqing Changan Automobile Co., Ltd has officially signed a letter of intent in recent days to jointly establish a T3 mobility service company.

Jul. 13 , 2018
Great Wall Motor posts YoY sales growth of 2.34% in H1 to 471,515 units
Great Wall Motor posts YoY sales growth of 2.34% in H1 to 471,515 units

Great Wall Motor (GWM) reported 62,186 units in June, sliding 3.54% compared with the previous year. From January to June, GWM achieved a 2.34% year-on-year rise to 471,515 units, completing 40.65% of its 2108 sales target.

Jul. 13 , 2018
Top 10 PV automakers by June wholesale volume, CPCA
Top 10 PV automakers by June wholesale volume, CPCA

According to the data released by the China Passenger Car Association (CPCA), China’s PV retail sales reached 1,687,382 units in June, not only edging down 3.1% year on year, but also falling 6.4% month on month.

Jul. 12 , 2018
BMW said to be first to lift equity in China’s JV to 75%
BMW said to be first to lift equity in China’s JV to 75%

German media reported that BMW will lift its equity to 75% in its JV in China, which is a significant milestone in auto industry and will also exert great influence on the Chinese auto market.

Jul. 12 , 2018