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China automobile sales up 9.6 percent in May 2018

BEIJING – China’s automobile sales in May reached 2.29 million units, up 9.6 percent from the same period of the previous year, according to data released by China Association of Automobile Manufacturers (CAAM) on June 11. Passenger vehicle sales reached 1.89 million units, up 7.9 percent, while commercial vehicle sales

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Foton announces three-year action plan aiming to become a top three heavy-duty truck maker by 2020

BEIJING – Foton announced its three-year action plan here on May 19 with an aim to become a top three heavy-duty truck maker by 2020. The three-year action plan involves strategic direction, management principles and development measures for Foton’s major businesses.   Strategic direction Foton will continue to enhance its

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China automobile sales up 11.5 percent in April 2018

BEIJING – China’s automobile sales in April reached 2.32 million units, up 11.5 percent from the same period of the previous year, according to data released by China Association of Automobile Manufacturers (CAAM) on May 11. Passenger vehicle sales reached 1.91 million units, up 11.2 percent, while commercial vehicle sales

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CV manufacturers gained by attending Auto China 2018

– by Yao Wei, CBU/CAR Guest Columnist Only five commercial vehicle manufacturers exhibited at this year’s Auto China 2018 on a total display space of less than 10,000 square meters, a sharp decline compared to the Beijing Auto Show two years ago when commercial vehicle display space totaled 26,000 square meters

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Auto execs seek regulatory support on buses, trucks and emissions regulations at “Two Sessions”

BEIJING – The First Annual Session of the 13th National People’s Congress (NPC) and the First Session of the 13th Chinese People’s Political Consultative Conference (CPPCC), known as the “Two Sessions” held each year by China’s top legislative and advisory bodies, were held from March 3-20 this year. Delegates and

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FAST and furious: Chinese medium and heavy CV transmission maker top global production for 12 years in a row

XI’AN, Shaanxi – Shaanxi Fast Auto Drive Co., Ltd. (Fast) said recently that the company has remained as the world’s No. 1 manufacturer of medium and heavy commercial vehicle transmissions for 12 years in a row. Each of its business indicators has continuously ranked first in China’s gear industry for

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China automobile sales increase 3.04 percent in 2017

BEIJING – China’s automobile sales in 2017 increased 3.04 percent from the previous year to 28.88 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on January 11. In 2017, passenger vehicle sales reached 24.72 million units, up 1.40 percent, while commercial vehicle sales reached 4.16 million

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Happy New Year!

Happy New Year! While the full year numbers are not yet out for the heavy-duty truck and bus markets as of the date of publication of this issue, we can be certain that 2017 was yet another banner year for both segments. This issue features highlights from a few business conferences from

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CAAM: China auto sales to grow 3 percent in 2018 to 29.87 million units

CHANGSHA, Hunan – China’s automobile sales are expected to grow by 3 percent in 2018 to about 29.87 million units, according to China Association of Automobile Manufacturers (CAAM). Xu Haidong, assistant to the secretary general of CAAM, made the prediction at the 2018 China Automobile Market Development and Forecast Summit

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Shaanxi Auto starts construction of new energy vehicle industry base

BAOJI, Shaanxi – Shaanxi Automobile Holding Group (Shaanxi Auto) has started construction of its commercial vehicle and new energy vehicle industry base in Baoji. Shaanxi Auto has set up in Baoji since 1968 and developed rapidly. Since 2017, Shaanxi Auto has entered into the top three in the domestic market.

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