Negative growth likely for 2015
China's GDP in the 2nd quarter was up 7 percent year-on-year, according to the National Statistics Bureau. The growth rate was exactly the same as in the 1st quarter. But the country's declining automobile sales in June as well as in the first half of the year can hardly support the 7 percent GDP growth number in the first half of 2015.
The strategic cooperation between Alibaba’s auto business unit Alibaba Auto and Shanghai Yongda Automobile Group puts the spotlight on new ways vehicles are sold in China.
On July 26, Youxia Motors unveiled the Youxia X concept – which the company claims as China’
BEIJING – Fourteen automakers in China recalled more than 1.32 million vehicles in 14 recall events in July 2015, according to the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ).
BEIJING – Connected to the networks at anytime, anywhere; a seamless connection between men, objects and vehicles that allows you to embrace the world while in motion.
WUHAN, Hubei – Anhui Jianghuai Automobile Co., Ltd. (JAC) recently signed an agreement with Wuhan Mengshengren New Energy Vehicle Industry Park Co., Ltd.
NINGBO, Zhejiang – Zhidou Electric Vehicle Co., Ltd., a joint venture partly invested by Zhejiang Geely Holding Group, started construction of an EV manufacturing facility in Ningbo, Zhejiang Province on September 1, according to a report on d1ev.