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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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Happy New Year!

Happy New Year! While the full year numbers are not yet out for the heavy-duty truck and bus markets as of the date of publication of this issue, we can be certain that 2017 was yet another banner year for both segments. This issue features highlights from a few business conferences from

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Will heavy-duty truck sales hit 800,000 units in 2017?

Will China’s heavy-duty truck sales hit 800,000 units in 2017? It looked impossible earlier this year but with 2016 sales sure to exceed 700,000 units given market performance so far this year and the booming market in Q4, it may not be a far-reaching target for 2017. According to analysis

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LiPF6 industry may be trapped in overcapacity in 2017

GUANGZHOU – The LiPF6 industry has the tendency to be trapped in overcapacity in 2017, according to a Guangzhou-based market intelligence provider CCM’s recent analysis. The thriving NEV market has heated up relevant industries. As raw material of electrolyte, LiPF6’s price skyrocketed from H2 2015, now it has reached over

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Liu Weidong: Zero or negative growth could persist for some time to come

Industry sales growth will fall below 3 percent and even zero or negative growth could persist for some time, predicted Liu Weidong, vice president of Dongfeng Motor Corp. “The industry is at a turning point,” said Liu. “Annual growth will be below 3 percent during the 13th Five-Year Plan period

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NEV, MPV, SUV and luxury segments highlight 2014 growth

China’s automobile sales in 2014 increased 6.86 percent year-on-year to almost 23.5 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on January 12. Despite an unusually strong December, when manufacturers tend to “inflate” sales, growth for the year was below 7 percent as predicted by

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Equity restriction of 50:50 remains in China’s automotive industry

BEIJING – Vehicle manufacturing remains restricted in China and foreign companies still cannot hold more than 50 percent equity shares of a vehicle manufacturing joint venture, according to a revised version of the Industry Catalogue for Foreign Investment (Amended 2011) released by China’s National Development and Reform Commission (NDRC) on

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