Classification: AFTERMARKET
SouChe raises $335 million Series E round led by Alibaba [2017-11-08]

HANGZHOU – SouChe, China’s leading online automobile transaction platform, announced on November 1 that it has closed its $335 million Series E funding round led by Alibaba with participation from Warburg Pincus, Primavera Capital and CMB International.

Swings and more: preview of Beijing's LYNK & CO Center No. 01 [2017-10-27]

BEIJING - Less than a month before LYNK & CO launches its first model, the 01 SUV, the brand’

Stop the crash: 12 major Chinese car brands commit to ESC [2017-10-19]

SHANGHAI – Twelve major Chinese car brands announced on October 17 their decision to fit all new models with the lifesaving anti-skid technology Electronic Stability Control (ESC) from January 2018 onwards.

J.D. Power: Chinese brands continue to close gap in new vehicle quality from international brands [2017-10-19]

BEIJING – The new-vehicle quality gap between Chinese domestic brands and international brands was 13 PP100 (problems per 100 vehicles) in 2017, marking the seventh consecutive year that the gap has been narrowed, according to the J.

Vehicle owners in China care most for exterior and interior, says J.D. Power [2017-10-19]

SHANGHAI –Vehicle owners in China care most for vehicle exterior and interior, which accounted for 18 and 15 percent respectively of all reported problems, according to the J.

Volkswagen Group China and eHi Car Services sign MOU to explore luxury mobility-on-demand services in China [2017-10-19]

BEIJING/SHANGHAI – Volkswagen Group China and eHi Car Services Ltd., a leading car rentals and car services provider in China, have signed a Memorandum of Understanding to jointly explore luxury mobility-on-demand services in China, the two companies said in statements on September 29.

Renrenche gets fresh $200 million financing round from DiDi Chuxing [2017-10-11]

BEIJING –, a leading e-commerce platform for C2C used vehicle transaction, announced on September 25 that it has received a fresh $200 million financing round from DiDi Chuxing to support the rapid development of its scale-up strategy.

GM to recall more than 2.5 million cars in China over Takata airbag defect [2017-09-21]

SHANGHAI – GM (China) Investment Co., Ltd. and SAIC-GM Automobile Co., Ltd. will recall more than 2.

Audi launches Audi on demand+ premium mobility service in Beijing [2017-09-21]

BEIJING – Audi said in a statement on September 19 that it has launched its Audi on demand+ mobility premium mobility service that provides flexible use of vehicles and exceptional service for local residents in Beijing.

Vehicle owners in China more conscious of tire brands as tire replacement rises, says J.D. Power [2017-09-13]

BEIJING – Vehicle owners in China are more likely to identify the brand of tires on their current vehicle, an increase to 70 percent from 42 percent in 2016, according to the J.

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