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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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Winners and losers: 2016 PV CAFC and NEV credits for 124 companies announced

BEIJING – The Ministry of Industry and Information Technology (MIIT), Ministry of Commerce, General Administration of Customs and State Administration of Quality Supervision, Inspection and Quarantine jointly released results of 2016 Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) credits for 96 domestic passenger vehicle manufacturers and 28

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Top 10 News Stories of 2017

The year 2017 came and went by in the blink of an eye. News and events, often of blockbuster proportions, happened not by the weeks or days, but by the hours or even minutes. As a review of the year, the editorial board of CBU/CAR has selected the following Top

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MIIT issues CAFC credit trade off and carry over requirements for 2016 and 2017

BEIJING – The Ministry of Industry and Information Technology (MIIT) issued the Notice on the Management of Passenger Vehicle Corporate Average Fuel Consumption (CAFC) for 2016 and 2017 on November 3. According to the Notice, companies that incurred negative CAFC credits in 2016 can trade off their negative credits with

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Policy effects major reason behind lackluster but surprising first half

The prospects of China selling 30 million vehicles this year could be in jeopardy based on the latest sales data released by China Association of Automobile Manufacturers (CAAM) on July 11. Auto sales rose 4.5 percent in June to 2.17 million units, bringing first half sales total to 13.35 million

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Pressure mounting for carmakers as market cools and tougher policies arrive

China’s auto sales in May were flat over the same previous month and through the first five months, sales were only up 3.71 percent, according to data released by China Association of Automobile Manufacturers (CAAM) on June 12. Worth noting is passenger vehicle sales were down 2.64 percent in May

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MIIT issues new draft of CAFC+NEV “dual credit” administrative measures

BEIJING – The Ministry of Industry and Information Technology (MIIT) on June 13 issued a new version of the Parallel Administrative Measures for Passenger Vehicle Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) Credits (Draft for Comments), otherwise known as the CAFC+NEV “dual credit” scheme. The public will

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