BEIJING – Dongfeng-Venucia Automobile Co., Ltd. and AutoNavi Information Technology Co., Ltd. signed a strategic cooperation agreement in Beijing on August 14 to carry out comprehensive cooperation in telematics. Dongfeng-Venucia and AutoNavi will cooperate in location services, mapping platforms, high-precision maps and ADAS to provide users better driving experiences. In
Read MoreWUHAN, Hubei – Venucia, the joint venture independent brand that has operated as a business division under Dongfeng-Nissan Passenger Vehicle Co. for more than six years, has “spun off” into an independent company with its own sales operations, according to an announcement by Dongfeng-Nissan parent company Dongfeng Motor Co., Ltd.
Read MoreSHANGHAI – Wanbang Jinzhixing Auto Group, an automobile dealer headquartered in Jiangsu, opened a store exclusively for new energy vehicles in Shanghai on May 30, according to a report in Shanghai Wenhui Bao. The new store in Shanghai is reportedly the largest NEV experiencing center in East China, The store
Read MoreChina’s NEV subsidy policies, which aim to drive sales through monetary support, look logical on surface but in reality is illogical, boasted Lu Qun, chairman of Beijing CH-Auto Technology Corp. “The fact that the level of subsidies provided on NEVs will be reduced annually in the next few years is
Read MoreBEIJING – Dongfeng-Nissan officially put its new Venucia Chenfeng BEV on the market in Beijing on September 15, according to a d1ev.com report. This makes it the second city in the country, after Shanghai. The vehicle will be sold in three different forms, the 3.3 kW and 6.6 kW Lingfeng
Read MoreAutomakers are increasingly adopting different strategies to cater to young consumers, especially the “post-90s” generation, according to several OEM executives who spoke at the forum. “Consumers that are born in the 1980s and 1990s are becoming mainstream car buyers in the Chinese market,” said Takahiro Hachigo, vice president, Honda Motor
Read MoreGUANGZHOU – Dongfeng-Nissan Passenger Vehicle Co. held a groundbreaking ceremony at Huadu District, Guangzhou on August 6 for its three new business units, namely the Venucia Design Center, the Advanced Engineering Technology Center, and the Corporate University, according to a company news release. The first phase of main construction is
Read MoreNissan has beat Volkswagen to the punch in launching a budget car exclusively for the Chinese market. With a starting price of only ¥39,900 ($6,435), the Venucia R30 launched by Dongfeng-Nissan on July 16 is the first-ever car model under ¥40,000 offered by a major joint venture. The R30 is
Read MoreBEIJING – Average inventory ratio (inventory over sales) of Chinese car dealers in February 2014 rose 1.36 to 2.33 compared to January, up 0.32 year-on-year, according to data released by China Automobile Dealers Association (CADA) recently. Source: CADA In the month, the average inventory ratio of Chinese and
Read MoreBEIJING – Average inventory ratio of Chinese car dealers in December 2013 dropped 0.38 to 1.00 compared to November, but up 0.3 from the previous year, according to data released by China Automobile Dealers Association (CADA) recently. Source: CADA In the month, the average inventory ratio of Chinese
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