SHANGHAI – Porsche China and Porsche Hong Kong Sales Co. announced on March 20 that Jens Puttfarcken, current CEO at Porsche Deutschland GmbH, has been appointed president and CEO of Porsche China and Porsche Hong Kong, effective July 1, 2018. Puttfarcken has nearly 27-year rich experiences in the auto industry
Read MoreBEIJING – Porsche China will be focusing on improving customer experience in 2018 and preparing for the rollout of the brand’s first battery electric sports car – the Mission E – in the Chinese market in 2020, according to senior executives at the 2018 Porsche China Media Roundtable on March
Read MoreWho was the winner? It depends In December 2017, 12 premium car brands sold 247,375 vehicles in China, up 23.4 percent year-on-year and 4 percent more than the previous month. Total sales for 2017 were 2,574,689 units, up 18.4 percent. In 2018, the premium car market is expected to continue
Read MoreSHANGHAI –Vehicle owners in China care most for vehicle exterior and interior, which accounted for 18 and 15 percent respectively of all reported problems, according to the J.D. Power 2017 China Vehicle Dependability StudySM (VDS) released on September 20. The study shows that the top three problems in vehicle exterior
Read MoreHUZHOU, Zhejiang – Owners of the Porsche Panamera in China have an average age of only 36 years old and females account for 30 percent of the ownership, according to Dr. Stefan Utsch, global marketing and sales head of the Porsche Panamera line. Dr. Utsch spoke to CBU/CAR in an
Read MoreAccording to registration data from CBU Analytics, Toyota Prado was the bestselling imported SUV in China in 2015, with end-user sales of 45,263 units. The domestically made version of the same model had about half as much the registration, with 20,277 units sold to end users. Among the top 10
Read MoreDespite the ongoing diesel crisis it is experiencing in most parts of the world, most recently in South Korea where sales could be blocked and the German state of Bavaria where it will be sued over losses, Volkswagen continues to enjoy success in one place: China. Group sales in its
Read MoreSHANGHAI – LeSEE, LeEco’s Super Car subsidiary, signed an agreement with the Shanghai International Automobile City (SIAC) on May 13 to open an R&D center inside SIAC’s Auto Innovation Park there. When formally established, LeSEE will have two R&D centers, one in Beijing and the other in Shanghai, according
Read MoreBEIJING – Automakers announced 43 recall campaigns involving 1.8652 million vehicles in the first quarter of 2016, according to information released by the State Administration of Quality Supervision Inspection and Quarantine (AQSIQ) at a press conference on April 28. A third of the recall campaigns (14) involving just over 1
Read MoreAudi Even with a 1.4 percent decline, Audi still managed to take home the luxury vehicle sales crown of 2015, delivering 570,889 vehicles. Two main factors contributed to Audi’s negative growth: First, the anti-corruption campaign and more stringent regulations on government vehicle purchase drove Audi out of government vehicle fleets.
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