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China automobile sales increase 3.04 percent in 2017

BEIJING – China’s automobile sales in 2017 increased 3.04 percent from the previous year to 28.88 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on January 11. In 2017, passenger vehicle sales reached 24.72 million units, up 1.40 percent, while commercial vehicle sales reached 4.16 million

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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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Key policies and regulations for the commercial vehicle industry in 2018

The commercial vehicle industry drove China’s auto market in 2017 thanks to a slew of policies, non-bigger than the GB1589-2016 standards on dimensions and loading as well as the new China 5 emissions standards. What are key laws and regulations that are already in place or are on the horizon

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DiDi Chuxing’s latest $4 billion financing round to support AI, international expansion and NEV ecosystem

BEIJING – DiDi Chuxing, the world’s leading mobile transportation platform, announced on December 21 the completion of a new equity funding round of over $4 billion to support AI capacity-building, international expansion, and new business initiatives including the development of new energy vehicle service networks. In a testament to strong

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From Guangzhou with a vengeance: Volkswagen Group China announces huge SUV and electric offensive, launches ezia mobility brand

  GUANGZHOU – Moe than €10 billion investment in electric mobility by 2025, nearly 40 new locally produced new energy vehicle models over the next 7-8 years, at least 10 new SUV models from the Volkswagen brand alone by 2020, and a new mobility brand ezia under a newly created

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NEVS and DiDi partner up to provide EVs for mobility services

TROLLHATTAN, Sweden – National Electric Vehicle Sweden (NEVS) AB and DiDi Chuxing, the world’s leading mobile transportation platform, have signed a strategic partnership here to develop an electric vehicle fully optimized for the mobility services that DiDi is offering. A number of other steps toward an extensive cooperation were also finalized. The

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Eye on future, all-round blueprint rolled out to help maintain growth momentum at Mercedes-Benz

Mercedes-Benz will continue its product offensive in China this year with more than 15 new models including the upcoming S-Class facelift, the recently launched GLA facelift and six exciting Mercedes-AMG 43 Series models that were launched on August 24 in Chengdu, according to Nicholas Speeks, president & CEO of Beijing

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China automobile sales increase 3.81 percent in H1 2017

BEIJING – China’s automobile sales in H1 2017 increased 3.81 percent from the same period of the previous year to over 13.35 million units, and sales in June increased 4.54 percent to more than 2.17 million units, according to data released by China Association of Automobile Manufacturers (CAAM) on July

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