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Groupe PSA acquires controlling interest in Chinese spare parts distributor Jianxin

SHANGHAI – Groupe PSA said in a statement on February 9 that it has acquired a controlling stake in Chinese automotive spare parts distributor Shanghai Jianxin Enterprise Management Co., Ltd. to accelerate the French automaker’s rollout of its aftermarket offerings in China, a market that represents about 130 million vehicles. By

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Confidence is golde

The 2015 China Automobile Dealers Industry Annual Meeting, organized by China Automobile Dealers Association (CADA), was held on November 5-7 in Xiamen, Fujian Province. More than 2,000 executives and officials representing government institutions, associations, OEMs, new and used car dealers, service providers as well as members of the media

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Qoros begins European distribution in Slovakia

SHANGHAI – Qoros Automotive Co., Ltd., the joint venture between Chery Automobile Co., Ltd. and Israel Corp., opened its first European dealership in Bratislava, Slovakia on September 6, as part of an initiative to develop a full-scale European distribution operation, according to a company news release. Key parts of the

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Wang Qing: unreasonable distribution of NEV supportive resources

China’s supportive resources in the innovation of automotive industry are not reasonably distributed. About 90 percent of the resources are directed to universities and research institutions, and only 10 percent goes to enterprises. In addition, the government’s resources for automotive enterprises are also unbalanced with 70 percent going to OEMs

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Meritor establishes parts distribution center in Xuzhou

SHANGHAI – During the 2011 China International Parts & Components Exhibition for Construction Equipment, Meritor, Inc. announced its plan to build a 2,300-square-meter Parts Distribution Center (PDC) in Xuzhou, Jiangsu Province. This new distribution center, located in the company’s recently expanded manufacturing facility which is part of its off-highway joint

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