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China’s heavy-duty truck market in 2016: key highlights (III)

China’s heavy-duty truck market is winding down to be a year of surprising growth, with sales expected to rise more than 30 percent to over 700,000 units (actual sales reported by China Association of Automobile Manufacturers were 733,000 units, up 33 percent). What were some of the key highlights? Commercial

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Shared economy to drive car-sharing business

A key word for the Chinese car industry in 2016 would definitely be shared economy. Take the car hailing service industry as an example. Creating hundreds of thousands of jobs and offering hundreds of millions of rides nationwide, the industry witnessed a boom and then a reshuffle marked by Didi

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The explosive growth opportunity in China’s automotive aftermarket

A slower “new normal” growth pattern in recent years is a major concern for automakers and suppliers who depend on China for growth. However, unit sales remain at record highs, and the car population continues to expand at double-digit rates annually. In addition, the average age of the vehicle population

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Ministry slams subsidies by car-hailing apps, vows better regulatio

The chief of transport authority on Monday criticized subsidies car-hailing applications are offering to their users, pledging to better regulate for-profit rides by private cars. Yang Chuantang, head of the Transport Ministry, said giving subsidies is a "short-term move" and imposes "unfair competition" on traditional taxi business. "The purpose (of

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Didi licensed in Shanghai

SHANGHAI, Oct. 8 (Xinhua) -- Chinese ride-hailing firm Didi has been licensed by the Shanghai Municipal Transport Commission for private-car booking services, in an apparent easing of tension between regulators and ride-on-demand operators. Though increasingly popular with users, online ride-booking services have long been warned by authorities in China that

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