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Innovation union of Auto Industry’s intelligent network is established with the 98 initial members
Innovation union of Auto Industry’s intelligent network is established with the 98 initial members

Inaugural meeting for innovation union of Chinese auto industry’s intelligent network was held in Beijing on June 12th, 2017, with 98 initial members.

Jun. 13 , 2017
GAC Trumpchi will launch two alternative energy vehicles on June 16th
GAC Trumpchi will launch two alternative energy vehicles on June 16th

GAC Trumpchi is accelerating to promote its alternative energy strategy, focusing on launching PHEV, BEV and other alternative energy models. It’s known that Trumpchi GS4 PHEV and GE3 will be launched on June 16th. Based on the ordinary version, GS4

Jun. 13 , 2017
JAC&VW First Model: Small SUV
JAC&VW First Model: Small SUV

On June 1, under the joint witness of the Prime Ministers of China and Germany, Volkswagen Group and Anhui JAC Automobile Group Co., Ltd. formally signed an agreement to set up a joint venture with each part holding 50% share.

Jun. 12 , 2017
LETV’s RMB 2b Corporate Bond faces Issuance Suspension, cutting off its cash flow
LETV’s RMB 2b Corporate Bond faces Issuance Suspension, cutting off its cash flow

On the night of June 7th, information on Shenzhen Stock Exchange’s website shows that LETV’s RMB 2b corporate bond will face issuance suspension, meaning a financial failure and cutting off management team and shareholders’ hope.

Jun. 9 , 2017
GWM sold 68,900 units in May, while Haval H6 continues to be SUV sales champion
GWM sold 68,900 units in May, while Haval H6 continues to be SUV sales champion

GWM released data on June 6th that it sells 68,942 units in May with a year-on-year decrease of 3.76%. The total sales volume reaches 396,272 units from January to May, increasing 3.02% year-on-year. Exported vehicles grow to 3,259 units.

Jun. 9 , 2017
JAC sold 36,100 units in May, decreasing 24.29% year-to-year
JAC sold 36,100 units in May, decreasing 24.29% year-to-year

JAC released data showing that its production volume decreases 18.91% year-to-year to 35,200 units in May, while the sales volume decreases 24.29% to 36,100 units.

Jun. 9 , 2017