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FAW Car faces personnel adjustments, with Meng Xianghui taking Cui Dayong’s place
FAW Car faces personnel adjustments, with Meng Xianghui taking Cui Dayong’s place

Recently, FAW Car released its earnings pre-announcement, predicting that the net profit in the first half of year may reach RMB 270m to 330m. News comes out that FAW Car will conduct a new round of personnel adjustments.

Jul. 27 , 2017
Complaint sales ratio list for compact models in 2017 Q2
Complaint sales ratio list for compact models in 2017 Q2

Data from CPCA shows that the domestic sales volume for compact models reaches 1.597m units in Q2, 2017, with the peak number of 557,000 units in June.

Jul. 26 , 2017
Zhonghua Car New V3 will be launched tomorrow
Zhonghua Car New V3 will be launched tomorrow

The small-size SUV Zhonghua V3 is quite popular among youngsters since its launch in 2015, and it also achieves a good monthly performance of exceeding 10,000 units.

Jul. 26 , 2017
Summary: State of the Chinese sedan market in June 2017
Summary: State of the Chinese sedan market in June 2017

Sedan sales in China continued to contract in the month of June, albeit the decrease was less than that of the previous month. According to statistics reported on by Gasgoo.com (Chinese), sedan sales in June totaled 880,727 units, down 4.2% year-on-y

Jul. 25 , 2017
GAC Trumpchi enters into middle-and-high-end BEV SUV market
GAC Trumpchi enters into middle-and-high-end BEV SUV market

Data shows that GAC Trumpchi has a total sales volume of 250,000 units in the first half of year, increasing 57% year-on-year and accomplishing 50.2% of its annual target.

Jul. 24 , 2017
Zotye exposes its product plans and four new models will be launched
Zotye exposes its product plans and four new models will be launched

Zotye has launched T700, T600 Coupe and Z560 this year, covering car and SUV markets. It’s known that four new or facelift models will be launched by the end of year, including T300, T500, T800 and Z700S, meeting demands for different markets.

Jul. 24 , 2017