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China Grand Auto solidifies position as top Chinese dealer in latest CADA rankings

BEIJING – China Grand Auto Service Co., Ltd. solidified its position as China’s leading automobile dealer group with sales revenue of more than ¥160 billion and vehicle sales of over 1.1 million units (including used vehicles) in 2017, according to the latest rankings released by China Automobile Dealers Association (CADA) on May

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Bitauto appoints President Andy Zhang as CEO, William Li to continue as chairman

BEIJING – Bitauto Holdings Ltd., China’s leading provider of internet content & marketing services and transaction services for China’s fast-growing auto industry, announced on January 12 the appointment of Bitauto’s president Andy (Xu’an) Zhang to the position of CEO, effective immediately. Zhang will remain in his current roles as chairman

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AutoLab forum talks manufacturing, using and financing the vehicle

The Third AutoLab Auto Industry Annual Forum organized by AutoLab, a communications and service platform focused on new energy vehicles, telematics, aftermarket, e-commerce and entrepreneurship and investment, was held on December 2 in Shanghai. With a theme of “Uniting Forces and Confronting Transformation,” the forum discussed new manufacturing movement, smart

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MAS@Beijing 0817 recap: Dealers should rebuild trust to survive

BEIJING – Dealers are under greater pressure in China than elsewhere in the world due to a combination of consumer behaviors and active interests from outside the industry and they must rebuild trust from consumers to survive. That was the conclusion from CBU/CAR’s Monthly Automotive Salon (MAS) held on August

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China Grand Auto acquires majority stake in Baoxin Group

BEIJING – China Grand Automotive Services, China’s largest automobile dealership group by sales, plans to buy up to 75 percent stakes in luxury car dealer Baoxin Auto Group for HK$11.5 billion ($1.48 billion), according to the restructuring plan released by China Grand Auto on December 11. The corporation plans

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