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Haval, Geely and BYD top Chinese brands in Brand Finance’s 2018 Auto 100 rankings

LONDON – Haval, Geely and BYD took home the top three spots in the list of Chinese automobile brands as part of the Auto 100 2018, the annual report on the world’s most valuable automobile brands published by Brand Finance earlier this month. A total of 22 Chinese brands made

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Creating reality: now part of Accenture, Mackevision to continue to support Chinese brands’ efforts to go high-end

BEIJING – Mackevision, a leading global producer of 3D-enabled visualization and CGI services mainly for automotive clients, will continue to support Chinese brands’ efforts to go high-end after its acquisition by Accenture, according to Beatrix C. Frisch, general manager of China for the Stuttgart-based company. Frisch made the comments in

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FAW-Volkswagen Audi Sales Division sets up Marketing Department in Beijing

BEIJING – FAW-Volkswagen Audi Sales Division officially opened its Marketing Department Beijing Office on August 4. The move to Beijing is a major milestone for FAW-Volkswagen and the Audi Sales Division as it looks to better meet consumer demand. Zhang Pijie, president of FAW-Volkswagen, said that FAW-Volkswagen will always focus

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China auto sales growth at 3-year high

BEIJING - Auto sales in China, the world's biggest auto market, continued to expand at afaster pace in September with growth for the month reaching a new high in more than threeyears, data from an industry association showed Wednesday.  About 2.56 million cars were sold on the Chinese market last month, up 26.1 percent year onyear, according to China Association of Automobile Manufacturers (CAAM).  This is an increase from the 24.2 percent registered in August and the fastest growth inaround three and half years.  In September, China's vehicle output rose 32.8 percent from a year ago to 2.53 million units.  The strong momentum came as the Chinese economy is showing more signs of stabilizing inrecent months.  Earlier official data showed China's manufacturing Purchasing Managers' Index (PMI) stoodat 50.4 in September, unchanged from August and staying above the 50-point mark thatseparates expansion from contraction for the second month in a row.

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Chinese Automakers Have Invested about 200 Million RMB in Foreign Markets

(Shanghai September 26, 2016)-Reportedly, Chinese automakers have invested about 200 billion RMB on the development of foreign markets in the past three years. Leading automakers, such as BYD, has built plants oversea while parts providers have taken up considerable market shares through acquisition of foreign companies. Increasing demand of alternative

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