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2017 CADA Annual Convention: China exhibiting characteristics of a mature auto market

SUZHOU, Jiangsu – China’s auto market is exhibiting characteristics of a mature automobile market, according to Shen Jinjun, president of China Automobile Dealers Association (CADA). Shen made the comments in his opening speech at the 2017 China Automobile Dealers Industry Development Forum here on November 14, part of the 2017

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Renrenche gets fresh $200 million financing round from DiDi Chuxing

BEIJING – Renrenche.com, a leading e-commerce platform for C2C used vehicle transaction, announced on September 25 that it has received a fresh $200 million financing round from DiDi Chuxing to support the rapid development of its scale-up strategy. The two sides will have all-around and in-depth cooperation to jointly build

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Rising Opportunities in China’s Automotive Independent Aftermarket

Introduction China’s automotive industry has entered a new phase where new car sales growth decelerates, while the car population expands and the average car age increases. This brings enormous opportunities for expansion of the independent aftermarket. In this article, we examine the complexity of China’s independent aftermarket including the distribution

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Rising Opportunities in China’s Automotive Independent Aftermarket (II)

Introduction China’s automotive industry has entered a new phase where new car sales growth decelerates, while the car population expands and the average car age increases. This brings enormous opportunities for expansion of the independent aftermarket. In this paper, we examine the complexity of China’s independent aftermarket including the distribution

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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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Reasons behind Audi’s partnerships with Chinese tech giants Baidu, Alibaba and Tencent

Volkswagen’s luxury car unit Audi has agreed to deepen collaboration with Chinese internet giants Baidu, Alibaba and Tencent (known as BAT) to offer more digital services in its largest global market. On September 11, Audi China and the brand’s joint venture FAW-Volkswagen signed tripartite memorandums of understanding (MOUs) with BAT

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GAC, LeEco and Urtrust Insurance establish e-commerce and service platform

GUANGZHOU – GAC, LeEco and Urtrust Insurance announced on June 8 that they have set up Dasheng (which literally means Monkey King in Chinese) Technology Co., Ltd., an auto e-commerce and service platform joint venture in Guangzhou, after the three sides signed a strategic cooperation agreement earlier in the day

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New measures give major boost to used car market, but issues remai

Less than three weeks after Chinese Premier Li Keqiang called for the invigoration of the country’s used car market in his government work report, the State Council General Office issued a guideline on March 25 with specific measures aimed at providing consumers more convenience in buying and selling a used

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