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Hongqi, the state-owned FAW Group's premium auto brand, is likely to see the annual sales of 2019 reach 110,000 units, rather than 100,000 set at the beginning of this year, Xu Liuping, chairman and CPC secretary of FAW, said on November 26.
Nov. 27 , 2019
Volvo Cars’ sales in China are expected to rise 14% year on year, according to Li Hai, vice president in charge of the automaker’s procurement in the Asian-Pacific region.
Nov. 27 , 2019
Beijing is going to launch key demonstration initiatives for 5G-based IoV (Internet of Vehicles) applications and build IoV-focused operational platform, according to the White Paper on the Development of Beijing's 5G Industry (2019).
Nov. 27 , 2019
GAC Group, along with its Trumpchi and GAC NE subsidies, released its e-TIME plan at Auto Guangzhou 2019.
Nov. 26 , 2019
A total of RMB31.3 billion will be earmarked next year as New Energy Vehicle subsidies of 2017 and 2018, according to a filing from China’s Ministry of Finance.
Nov. 26 , 2019
Chinese state-owned automakers BAIC Group is ready to transfer 49% stake in its Zhenjiang-based subsidiary at a base price of around 300 million, according to information in a bulletin from China Beijing Equity Exchange.
Nov. 26 , 2019