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Recently, FAW-Volkswagen Automotive is to build a new manufacturing base in Tianjing, which is its fifth plant in China, so as to ramp up production.
May 26 , 2016Gasgoo.com (Shanghai) - According to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese), four of the 10 top-selling SUV models sold in China during the month of April 2016 were made by domestic own brand manufacturers. By comparison, seven of the top 10 best-selling models from the month of March were made by own brands.
May 26 , 2016According to Internet Information Agency, besides domestic and JV brands, most luxury auto brands in Chinese market, including Mercedes-Benz, BMW and Audi, have also back on the fast track of sales growth again in the first 4 months of 2016, compared against the same period of 2015.
May 25 , 2016Compared with March, the MPV market has a generally poor performance in April. The greatest fall belongs to SGMW Hongguang and Baojun 730. The monthly sales of Baojun 730 decreases from 40,000 units in January to 15,100 units in April. SGMW Hongguang also drops 15,900 units’ sales in April. With SGMW’s efforts, consumers are turning to SUV market. Some analysts say the price war between auto companies will result in dropping sales of MPV models.
May 23 , 2016According to a notice released by the Ministry of Industry and Information Technology of Cangzhou, in a bid to promote the development of alternative energy vehicles in this city, consumers of alternative energy vehicles here will be granted a subsidy of 150,000 yuan within 90 working days after they submitted relevant purchase files. But 240 of the owners, who have already submitted all the files needed for the application of this subsidy in last December, still have not received the money, and they wouldn’t help wondering where the money is now and has the money been embezzled.
May 23 , 2016Gasgoo.com (Shanghai) - As new energy vehicles continue to increase in popularity in China, more and more buyers are starting to make the jump over to electric or hybrid models. According to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese), a total of 46,138 new energy vehicles were sold in the first quarter of this year, up 141.8% from the 19,085 vehicles sold over the first quarter of the previous year. However, compared to new energy automobile sales from the fourth quarter of last year, sales this year have actually decreased by quite a bit. When asked about the changes in sales volumes between last year and this year, CPCA Secretary General Cui Dongshu explained that since the beginning of last year saw major changes to relevent government policies and eligibilities for new energy vehicle subsidies, it has taken a while for the market to pick up.
May 19 , 2016