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Baidu sues its former vice president for infringement of commercial secrets
Baidu sues its former vice president for infringement of commercial secrets

A local media reported today that Baidu has appealed to Beijing Intellectual Property Court to prosecutes Wang Jin, former senior vice president and general manager of Baidu autopilot department, and Janzsoft under his operation.

Dec. 22 , 2017
Hozon Auto obtains RMB 1.25 billion from Zhihe Travel
Hozon Auto obtains RMB 1.25 billion from Zhihe Travel

Zhejiang Hozon Auto got an investment of RMB 1.25 billion from Zhihe Travel and consequently Zhihe Travel became the largest shareholder of Hozon New Energy.

Dec. 22 , 2017
FAW-VW will introduce MEB platform to produce sedan and SUV
FAW-VW will introduce MEB platform to produce sedan and SUV

Volkswagen will introduce MEB, a newly developed platform with strategic importance for Volkswagen to produce I.D. vehicle series, into China by 2020 or later.

Dec. 22 , 2017
FAW changes company name
FAW changes company name

FAW Group announced that it has changed its name from China FAW Group Corporation to China FAW Group Co. Ltd. and according to the company, the English abbreviation of its name remains to be FAW.

Dec. 22 , 2017
Suning Auto to open 20 car supermarkets in 2018
Suning Auto to open 20 car supermarkets in 2018

On December19, Zhang Jindong, the president of Suning Commerce Group Co.,ltd announced that the group plans to expand its physical stores to over 20 thousand in the following three years with more than 20 million square meters.

Dec. 21 , 2017
Lexus China expects new executive vice president
Lexus China expects new executive vice president

Lexus, which has been pursuing “lean production” and “annual growth management rules”, performed exceptionally well in the Chinese market this year with sales of 119,800 units in the first 11 months, exceeding the sum of last year.

Dec. 21 , 2017