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China may loosen restrictions on foreign investment in NEV industry
China may loosen restrictions on foreign investment in NEV industry

China’s Ministry of Commerce will formulate policy as soon as possible to reduce restrictions on foreign companies’ investment in manufacturing new energy vehicles. The ministry will continually promote the opening up of NEV manufacturing.

Sep. 22 , 2017
HAVAL cuts prices largely once again to win market share
HAVAL cuts prices largely once again to win market share

On Sept. 18, HAVAL officially announced the price reduction of the H6 Coupe 1.5T up to RMB 17,800. The model will be priced between RMB 10,900 and RMB 12,500.

Sep. 21 , 2017
Pickup Operation Certificate will be cancelled in Domestic Market and Favorable Policies will be Released
Pickup Operation Certificate will be cancelled in Domestic Market and Favorable Policies will be Released

all pickup operation certificates will be cancelled by the end of 2018. Currently, there are no strict standards in China to determine whether a pickup is operating model or non-operating model.

Sep. 21 , 2017
CAAM: SUV will be the most popular segment by the end of this year
CAAM: SUV will be the most popular segment by the end of this year

SUV will become the most popular segment by the end of this year.

Sep. 21 , 2017
Summary: Mid-size SUV sales in China over the first seven months of 2017
Summary: Mid-size SUV sales in China over the first seven months of 2017

Despite the fact that Chinese passenger automobiles sales have continued to grow in 2017, the sedan market has stagnated and even contracted this year. The SUV market has become a major driver for passenger automobiles sales growth in the country. Ho

Sep. 21 , 2017
Needle Bearing Shortage of Schaeffler’s Supplier Likely to Affect the Production of over 200 Models
Needle Bearing Shortage of Schaeffler’s Supplier Likely to Affect the Production of over 200 Models

On Sept. 18, Schaeffler submitted a petition to Chinese government because of the shortage of its supplier. The petition spread widely on the Internet.

Sep. 21 , 2017