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Ford’s all new focus: getting fit and healthy as China 2025 Plan takes off

CHONGQING – Peter Fleet, Ford’s group vice president and president of Asia Pacific, admitted that sales of the U.S. automaker in China will continue to be down for the remainder of this year as it focuses on efforts to streamline its sales network and begins a new round of product

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Harmony Auto and Continent Insurance reach strategic cooperation

ZHENGZHOU, Henan – China Harmony New Energy Auto Holding Ltd. (Harmony Auto) and China Continent Insurance Co., Ltd. (Continent Insurance) signed a strategy cooperation agreement here on January 15 where they will cooperate in investment and financing, insurance, and innovation exchange. Liu Fenglei, executive director and CEO of Harmony Auto,

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The good and the bad: market off to mixed start for the New Year

The Chinese like to say “kaimenhong” which means an auspicious start to something new. For the country’s auto industry, the New Year started out with a bang for some but inauspicious for others, in an overall market that was flat. Auto sales hit 2.52 million units in January, up

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Porsche to prioritize customer and dealer satisfaction over volume growth in China

BEIJING – Quality, rather than volume, will be the primary focus of Porsche in China this year as the German sports car brand seeks to maintain momentum in what is now its largest global market two consecutive years running. That was the message from Franz Jung, president and CEO of

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Interview with Lu Qun, chairman of Qiantu Motors

The following is a dialogue between Frank Zhao, dean of the Tsinghua Automotive Strategy Research Institute (TASRI) and Lu Qun, chairman of Qiantu Motor, a subsidiary of CH-Auto Technology Co., Ltd. headquartered in Beijing. The dialogue was featured on Phoenix Auto during the Beijing Auto Show in late April. Zhao

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Alibaba-dealer tie-up to drive up sales

The strategic cooperation between Alibaba’s auto business unit Alibaba Auto and Shanghai Yongda Automobile Group puts the spotlight on new ways vehicles are sold in China. One of the biggest dealer groups in China is banking on utilizing China’s largest online merchandize portal to drive up automobile sales in response to

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The era of e-commerce, connected vehicles and green mobility

Happy New Year! With 2014 behind us, it is tough to conclude with one or two things that have shaped the industry. There have been many significant news and events over the past year. China remained as the world’s largest new vehicle market with sales topping 23 million units. There

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