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FAW Group and Audi ink 10-year business plan, SAIC-Audi deal on hold

CHANGCHUN, Jilin – FAW Group and Audi AG signed a 10-year strategic business plan here on January 16 to intensify cooperation of the two partners that has spanned 29 years, just as news of SAIC-Audi planning to establish a sales company in March surfaced on the same day. The agreement

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Audi’s “engagement” with SAIC a dangerous but necessary move

Get used to Audis produced and sold by SAIC-Volkswagen. SAIC Motor’s MOU signed with partner Volkswagen Group on November 11 to produce and sell Audis at their joint venture SAIC-Volkswagen, following several days of rumor mills, is the latest shocker in an industry already filled with blockbuster news this year.

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Lentuo to enter EV and PEV value-added service market

BEIJING – Lentuo International Inc. (Lentuo) announced on January 28 that it has begun a strategic expansion into the electric vehicle and plug-in hybrid electric vehicle value-added services as an extension of its aftersales business strategy. Lentuo is in discussions with a German developer and manufacturer of automobile roof-integrated solar

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