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NEV to be Geely’s business focus
NEV to be Geely’s business focus

New energy vehicle segment will be the main business focus of Geely Auto Group in the future, Li Shufu, chairman of Zhejiang Geely Holding Group, said in an interview.

Mar. 7 , 2018
All-new Peugeot 508 unveiled at 2018 Geneva Motor Show, to be locally produced this year
All-new Peugeot 508 unveiled at 2018 Geneva Motor Show, to be locally produced this year

The all-new Peugeot 508 was officially unveiled at 2018 Geneva International Motor Show, according to official news from Peugeot. Besides, the new model is expected to be locally produced in China this year.

Mar. 7 , 2018
SAIC, Infineon set up new JV to offer power modules for EVs
SAIC, Infineon set up new JV to offer power modules for EVs

SAIC Group and Infineon Technologies AG (hereinafter referred to as Infineon) recently announced that they will set up a new JV to manufacture power module for electric vehicles.

Mar. 7 , 2018
Dongfeng Citroen posts YoY delivery growth of 5% during past two months
Dongfeng Citroen posts YoY delivery growth of 5% during past two months

Dongfeng Citroen posted a YoY delivery rise of 5% to 20,593 units during January and February, according to the official information from Dongfeng Citroen.

Mar. 6 , 2018
Geely February sales jump 24 percent year on year
Geely February sales jump 24 percent year on year

Geely Auto handed over 110,243 vehicles in February, jumping 24 percent from a year earlier. In the first two months, Geely sold 265,332 vehicles, surging 38 percent from a year earlier.

Mar. 6 , 2018
NDRC: China likely to ease or eliminate ownership restrictions on Sino-foreign JVs
NDRC: China likely to ease or eliminate ownership restrictions on Sino-foreign JVs

China is likely to ease or eliminate ownership restrictions on Sino-foreign JVs, promote fair competitions between foreign and Chinese companies, and attract more foreign companies to invest in China more extensively.

Mar. 6 , 2018