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Gasgoo.com (Shanghai) - Suffering from a lagging economy, burgeoning inventories and struggling stock market, the Chinese automotive dealership industry has seen both demand and sales fall. Despite the fact that automotive manufacturers have used several measures to counteract these trends, including cutting prices, limiting production and offering subsidies for automotive dealerships. However, these measures have not been enough to solve the problems dealership networks are facing. Most dealership networks in the country have reported falling net profits for the first half of this year.
Sep. 17 , 2015Gasgoo.com (Shanghai September 16) - Borgward, a german auto brand which once enjoyed equal popularity with BMW and Mercedes-Benz, has recently officially started the journey of resurrection by its strategy in China.
Sep. 16 , 2015Gasgoo.com (Shanghai September 14) -Hyundai listed new Tucson recently with a promotional selling point of "1.6T at less than 170,000 yuan". The average price of the new model is 159,900 to 239900 yuan, which not only substantially lowered the general price range of middle-sized SUV built by the joint-ventures, especially for joint venture's the T-powered SUV models.
Sep. 15 , 2015