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Beijing will cancel license plate lottery of alternative energy vehicles, opponents believe it may intensify jam

The announcement stated that alternative energy passenger-car index will be allocated to qualified applicants directly in this session, in order to implement the spirit of executive meeting of State Council on September 29th and further promote the development of alternative energy vehicles.

Oct. 26 , 2015
Summary: National automotive markets across the globe in 2014

Gasgoo.com (Shanghai) - Automotive markets around the world are, on the whole, maintaining low-level growth. According to OICA statistics from Gasgoo.com (Chinese), China was the largest automotive market in terms of both annual production and sales volumes.

Oct. 25 , 2015
Summary: Chinese own brand SUV sales in August

Gasgoo.com (Shanghai) - Despite a downturn in the automobile market as of late, the SUV segment in China continues to remain very strong. Domestic own brand manufacturers are performing especially strongly in the segment. According to statistics from Gasgoo.com (Chinese), a total of 246,313 own brand SUVs were sold in August, up 64.7% from 149,574 own brand SUVs sold last August. The SUV segment accounted for over half of all own brand sales made over the course of the month. 52.5% of SUV sales were of own brand models. The reason behind own brands’ success in the segment has been the introduction of several popular new models.

Oct. 22 , 2015