Search
BAIC, one of leading automakers in China, has launched one million units of vehicles until August 16 since acquisition of the technology platform of SAAB in 2009.
Aug. 17 , 2016Gasgoo.com (Shanghai) - With over half of the year already past, the question arises, which automotive manufacturer has achieved the highest net profits so far? A recent report from the Nanfang Daily revealed that JVs affiliated with Ford, VW and other foreign brands have posted net profit rates far higher than those of domestic own brand manufacturers. On average, JVs earned an average of 20,000 RMB for each new vehicle sale made. However, own brands have been benefiting from increased SUV sales, which have allowed them to somewhat catch up with their JV competitors. However, this growing competition has also increased the average cost each vehicle sold in the country.
Aug. 17 , 2016Dongfeng Peugeot faces a decline in sales volume, the first time in its past three years, in the first half of year. In fact, none of new models has been launched into market by Dongfeng Peugeot in the past 15 months.
Aug. 16 , 2016Recently, major Japanese brands have published their sales volume in Chinese market in July, the three top brands Honda, Nissan and Toyota have respective growths of 39.5%, 8.9% and 5.7%. Mazda also increases 30.2% with the launching of CX-4. Besides, Chana Suzuki recovers its sales volume. It’s noticeable that Honda ranks first among three Japanese brands.
Aug. 12 , 2016Gasgoo.com (Shanghai) - Ever since the rise of the Chinese automotive market, the topic of when and how domestic own brand manufacturers will be able to take on joint venture enterprises has stirred heated debate.
Aug. 11 , 2016