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Groupe PSA announced on November 28 that it acquires shares in the UAP Auto Union, a Shandong-based automotive spare parts distributor. The group said that the acquisition would be the first step to a stronger participation in UAP.
Nov. 28 , 2018
Ford-owned premium car brand Lincoln plans to locally produce an all-new luxury 5-seater SUV model code-named U540 in China with 4 variants based on configurations.
Nov. 28 , 2018
In the coming 5 years to 2023, FAW Group aims to sell 5.9 million new vehicles and achieve revenue of RMB 900 billion, with profit over RMB 80 billion and RMB 180,000 by per capita income.
Nov. 28 , 2018
The Lynk & Co 05 developed by Lynk & Co, the car brand jointly owned by Geely and Volvo Cars, has been recently spied on the road. The new vehicle is expected to go on sale next year.
Nov. 28 , 2018
The 10,000th NIO ES8 officially rolled off the production line on November 27. By the end of October, the EV startup has delivered a total of 4,941 ES8s in 170 Chinese cities, according to local media.
Nov. 27 , 2018
Chongqing Jinkang New Energy Automobile Co., Ltd has currently put its intelligent plant located in Chongqing into trial operation, according to local media.
Nov. 27 , 2018