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Jiangling Motors Holding’s Shangrao branch was approved by Jiangxi Development and Reform Commission to build a production base with an annual capacity of 100,000 all-electric passenger vehicles (PVs), involving a total investment of RMB1.4 billion.
Dec. 26 , 2018
Chery Holding and Chery Automobile Co.,Ltd (Chery Automobile) failed to find a new investor who is willing to acquire certain portion of stakes in both two companies by injecting capitals.
Dec. 26 , 2018
Volkswagen is about to launch an all-new sub-brand on February 26 next year in Wolfsburg, Germany, which will be introduced to Chinese market and manufactured by FAW-Volkswagen (FAW-VW), according to a Chinese media outlet.
Dec. 26 , 2018
The Geely Emgrand GL’s two new versions carrying continuously variable transmission (CVT) hit the market recently with their prices ranging between RMB100,800 and RMB110,800.
Dec. 25 , 2018
FAW-VW witnessed its 2 millionth vehicle of the year came off the production line on Dec 24. During the past 20 years, the yearly outputs for the company have been jumping to over 2 million units in 2018 from more than 50 thousand units in 1998.
Dec. 25 , 2018
Gasgoo hereby summaries the November sales of Chinese market released by some mainstream premium car markers. Which one will be crowned the sales champion of 2018 still remains suspended.
Dec. 24 , 2018