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Great Wall to launch high-end brand WEY named after company founder and chairman Wei Jianju

BAODING, Hebei – Great Wall Motor Co., Ltd. will officially launch a new high-end brand under the name of “WEY’ on November 16 in accordance with its development strategies, according to a statement issued by the Hong Kong-listed automaker on November 10. “Further information about the models and launching schedule

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Chinese auto market still full of potential

The 2016 International Forum (TEDA) on Chinese Automotive Industry Development, with a theme of “Reform the Supply Front and Reshape the New Drive,” was held in Tianjin on September 2-4. About 1,000 automotive executives, government and industry association officials, leaders of internet and high-tech companies and the media shared their

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Auto import down 24 percent in the first nine months

BEIJING – China’s automobile import volume in the first nine months of the year declined 23.9 percent from the same previous period to 801,000 units, according to data released by China Trading Center for Automobile Import (CTCAI) on November 15 at the 12th China Imported Auto Forum. January-September end-user sales reached

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China’s heavy-duty truck market in 2015: four trends to watch

China’s heavy-duty truck sales totaled 742,600 units in 2014, down 4 percent on a yearly basis. Since the market peaked in 2010, 2014 was the third year in which year-on-year sales declined. At recent annual business conferences held by leading heavy-duty truck and components manufacturers, there seem to be a

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The pluses and minuses of high-end trucks

According to CBU/CAR estimates, China sold roughly 12,000 imported heavy-duty trucks – the so-called high-end trucks – in 2012. These high-end trucks, most of them European brands, accounted for less than 2 percent of 636,000 heavy-duty trucks sold during the year. Why do certain customers prefer these high-end trucks often

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