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Changan, FAW, Dongfeng set up new company
Changan, FAW, Dongfeng set up new company

A new company has been recently established with a registered capital of 16 billion yuan by five shareholders.

Jun. 4 , 2020
DiDi’s autonomous driving subsidiary sets up administration for safety business
DiDi’s autonomous driving subsidiary sets up administration for safety business

DiDi’s autonomous driving subsidiary has set up a safety work administration to systematize and normalize the safety management businesses for autonomous driving R&D, testing and operation, according to a local media outlet.

Jun. 4 , 2020
SAIC-GM-Wuling launches Rongguang vending microvan to uphold “stall economy”
SAIC-GM-Wuling launches Rongguang vending microvan to uphold “stall economy”

SAIC-GM-Wuling (SGWM), a joint venture among General Motors, SAIC Motors and Liuzhou Wuling Motors, launched on June 2 a new Rongguang microvan that can be converted into a mobile stall or booth to support the so-called “stall economy”.

Jun. 4 , 2020
Geely said to acquire 15.24% stake in CV maker Hualing Xingma Automobile
Geely said to acquire 15.24% stake in CV maker Hualing Xingma Automobile

Geely, a Chinese highest-profile privately owned automaker, might acquire 15.24% stake in Hualing Xingma Automobile, an Anhui-based commercial vehicle manufacturer listed on Shanghai Stock Exchange, a local media outlet revealed on June 3.

Jun. 3 , 2020
Honda says China auto deliveries edge down 1.7% year on year in May
Honda says China auto deliveries edge down 1.7% year on year in May

Honda announced that its automobile deliveries in China edged down 1.7% from a year ago to 134,230 units in May, while jumped 18.3% compared to April.

Jun. 3 , 2020
FAW’s Mazda business unit formally begins operation
FAW’s Mazda business unit formally begins operation

FAW Group’s independent business unit set for Mazda brand officially started operation on June 1, and it will take over the whole operational businesses of the Sino-Japanese brand from FAW Car Co., Ltd, according to the Chinese state-owned automaker.

Jun. 3 , 2020