Is it an "alarmism" to say that overcapacity in the auto industry?

“Overcapacity” has always been a hot topic in the auto industry. Since 2013, China’s auto production and sales have exceeded 20 million units. At that time, the Chinese auto market is in the golden stage of rapid development, coupled with an annual sales volume of 20 million. Many car companies have seen the huge potential of the Chinese market and began to expand their capacity reserves.

English2019-07-09 17:37:02

China Auto Trending Hashtag| China FAW development plan/ FAW Toyota sales growth

In the first half of 2019, FAW Toyota has unveiled four new cars, enriching and refining its product line-up.

English2019-07-03 13:29:59

Roewe’s sales continued to fall, and bigger pressure in 2nd half

In the first half of 2019, the Chinese auto market continued its downward trend.

English2019-06-27 17:33:00

China Auto Trending Hashtag| VW power motor/ Baidu Apollo

Volkswagen China announced that the APP290 power motor was officially put into production at the Volkswagen Tianjin Transmission Plant. The plant has an annual production capacity of 180,000 units. In the future, APP290 will be installed in Volkswagen, Audi, and Skoda’s MQB pure electric vehicles.

English2019-06-21 14:34:07

China Auto Trending Hashtag| SAIC & Mansour/ FAW-Audi Sales Company

Recently, SAIC signed a strategic cooperation framework agreement with Mansour Automotive Group, Egypt's largest auto sales company. The two companies announced the establishment of a joint-venture sales company.

English2019-06-19 13:57:35

China Auto Trending Hashtag| National VI/ Q1 interim report

Recently, the Shanghai Municipal People's Government issued the "Notice of the Shanghai Municipal People's Government on the Implementation of the Sixth Phrase of National Motor Vehicle Emission Standard of Air Pollutant for Light-duty Vehicles in Shanghai". The notice states that since July 1, 2019, light-duty vehicles that have been registered in Shanghai, including vehicles that were transferred from other provinces and cities, will implement the National VI B standard.

English2019-05-07 14:39:28

China Auto Trending Hashtag| Didi to enter Colombia/ 2019 China NEV to surpass 1.5M

BAIC BluePark is the parent company of BAIC BJEV. In September 2018, BAIC BluePark resumed trading in the A-share market, which means that BAIC BJEV successfully listed on the backdoor after major asset restructuring, becoming the first stock of China NEV in the Chinese A-share market. April 22, BAIC BJEV announced its first annual financial report after the restructuring.

English2019-04-24 16:18:15

China's Xpeng Motors previews new Tesla Model 3 rival

Chinese electric vehicle start-up Xpeng Motors has previewed its second production model ahead of its planned public premiere at next month’s Shanghai auto show.

English2019-03-21 15:48:51

To get certificate, AIWAYS will acquire 50% stake in Land Wind

Last November, AIWAYS Auto released its first production model, the AIWAYS Auto U5. The new car is a medium-sized SUV with 460km cruising range under NEDC comprehensive operating conditions. Even though the new car is scheduled to be delivered in the Q4 of 2019, AIWAYS Auto also faces a tough problem, that is, there is no qualification for building a car. Recently, IIA was informed that AIWAYS Auto is expected to obtain a certificate by acquiring the Land Wind owned by Jiangling Motors Corporation (JMC). At the same time, the Land Wind said: "There is no accurate information released to date, and if there is further information, it will be notified at the first time."

English2019-02-20 16:33:41

FAW-Hongqi enters new energy field, 15 new to be built in 7 years

At Auto Show 2018, FAW-Hongqi released the first new energy SUV concept car, the Hongqi E-HS3. Recently, IIA learnt from FAW-Hongqi that the red flag E-HS3 has officially rolled out. As the first pure electric SUV, the launch of the E-HS3 is an important step for the brand to implement the new energy plan, reflecting the determination to develop new energy fields.

English2018-12-29 16:07:30