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GEM China increases investment of RMB 900m to its Jinmen subsidiary to support developments for recycling economy and alternative energy materials
GEM China increases investment of RMB 900m to its Jinmen subsidiary to support developments for recycling economy and alternative energy materials

GEM China released announcement on the night of August 2nd that the company planned to increase an investment of RMB 900m to its Jinmen subsidiary to further develop its businesses.

Aug. 4 , 2017
Sales volume of Domestic alternative energy vehicle may reach 750,000 units in 2017
Sales volume of Domestic alternative energy vehicle may reach 750,000 units in 2017

The Bluebook on alternative energy vehicles expects that sales volume of domestic and imported alternative energy vehicles will reach 750,000 units and 20,000 units respectively in 2017, with a total of 770,000 units.

Aug. 4 , 2017
FAW release announcement: leader transference with Changan
FAW release announcement: leader transference with Changan

On the morning of August 2, FAW issued a formal announcement that Xu Liuping was appointed the chairman and party secretary of China First Automobile Group Corporation.

Aug. 3 , 2017
Rumor comes out that Xu Liuping will take office in FAW
Rumor comes out that Xu Liuping will take office in FAW

Domestic media revealed on July 31st that rumor came out that Xu Ping, Board Director and Party Committee Secretary of FAW Group, would exchange positions with Xu Liuping, General Manager,Director of China South Industries Group Corporation.

Aug. 1 , 2017
Joint-venture auto companies face general sales declines
Joint-venture auto companies face general sales declines

The newly-released semi-annual reports show that self-independent brands keep high growths in the first half of year, with Geely, SAIC and Chery all growing more than 50%.

Aug. 1 , 2017
Xiaomi said to have signed agreement with BAIC
Xiaomi said to have signed agreement with BAIC

A source said, Xiaomi Inc., the world's 5th largest smartphone maker in 2015, has signed an agreement of strategic partnership with Beijing Automotive Industry Corp (BAIC).

Jul. 31 , 2017