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The price reduction war changes the pricing system in China: 1.6T costs less than 170,000 yuan
Gasgoo.com (Shanghai September 14) -Hyundai listed new Tucson recently with a promotional selling point of "1.6T at less than 170,000 yuan". The average price of the new model is 159,900 to 239900 yuan, which not only substantially lowered the general price range of middle-sized SUV built by the joint-ventures, especially for joint venture's the T-powered SUV models.
Sep. 15 , 2015Aging products and falling behind the market leave FAW Car shadowed under sales slump
Gasgoo.com (Shanghai September 10) - It is not the overall industry recession holding responsibility for FAW sales slump but that the company hasn’t caught up the overall development pace of the auto industry leaving their products growing to be out of date, according to the statement of Cui Dongshu, secretary general of China Passenger Car Association.
Sep. 10 , 2015