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Nonsense or no nonsense, new round of consolidation not surprising as industry opens wider

“Nonsense!” That was exactly the same response from both Xu Heyi, chairman of Beijing Automotive Industry Group Corp. (BAIC Group) and Yin Tongyue, chairman of Chery Automobile Co., Ltd. over rumors that huge acquisition deals are coming regarding their companies. Xu’s response to the media came on May 15 over reports that

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2018 China Auto Forum: “Internet thinking” not a pedestal for the auto industry

BEIJING – Automakers should not put “Internet thinking” on a pedestal and overly depend on it, but rather focus to develop related technologies in a pragmatic manner so as to create a competitive advantage in automotive mobility technologies, according to Li Shufu, chairman of Geely Holding Group. Li made the

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Geely’s “Mercedes” dream and Great Wall’s “MINI” love

The Chinese Lunar New Year of the Dog started out with a bang for the Chinese auto industry. And that is a gross understatement considering that two blockbuster news events happened on the same day on February 23, the eighth day into the New Year and second day back to work

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Auto industry’s “art of attack and defense”

Gong Shou Dao, or “Art of Attack and Defense,” became a hit movie during the “Double 11” shopping festival on November 11, as Chinese consumers clicked their way to yet another record day in online sales. The short film featured the first ever movie cameo appearance by the man behind

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