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Summary: Chinese sedan market in August 2017
Summary: Chinese sedan market in August 2017

Sedan sales in China continued to slightly increase in August. However cumulative sales from January to August were still less than the previous year. According to statistics from Gasgoo.com (Chinese), Chinese sedan sales in August totaled 939,102 un

Sep. 27 , 2017
Great Wall’s former design head said to get twice salary in Kia
Great Wall’s former design head said to get twice salary in Kia

Great Wall Motor (GWM) announced that its head of design Pierre Leclercq resigned. GWM gave gratitude to Leclercq for his contribution to the automaker. It said that Leclercq helped to introduce wonderful products and laid great foundation for WEY.

Sep. 27 , 2017
Renault’s China-built light commercial vehicle to be rolled out soon
Renault’s China-built light commercial vehicle to be rolled out soon

On Sept. 25, Carlos Ghosn,Renault's CEO, visited China and exchanged his idea with Qi Yumin, Chairman of Brilliance Auto, on Renault’s China-built light commercial vehicle.

Sep. 27 , 2017
FAW may reach cooperative agreement with Changan’s owner
FAW may reach cooperative agreement with Changan’s owner

ecently, Xu Ping, chairman of China South Industries Group, visited FAW with his team and exchanged ideas with Xu Liuping, president of FAW.

Sep. 26 , 2017
Some Chinese cities need nine years to cover cost for sharing cars
Some Chinese cities need nine years to cover cost for sharing cars

Volume of sharing cars increased rapidly, but with lots of industrial difficulties, some Chinese cities may spend several years to recover cost of sharing cars.

Sep. 25 , 2017
Ankai Automobile Faces High Debts Resulted from Overdependence on Alternative Energy Subsidies
Ankai Automobile Faces High Debts Resulted from Overdependence on Alternative Energy Subsidies

It’s revealed from the semi-annual report that Ankai Automobile shows bad financial performance in the first half of year. It has a total sales volume of 4,198 units with year-on-year decline of 2.87%.

Sep. 25 , 2017