Classification: AFTERMARKET
Geely launches full online car buying and home delivery service [2020-02-21]

HANGZHOU – Geely is at it again. After donating ¥200 million through the Li Shufu Foundation to help the country fight the COVID-19 outbreak, announcing plans to invest ¥370 million to develop an “

China's private car parc surpasses 200 million, NEV parc tops 3.8 million [2020-01-12]

BEIJING – China now has more than 200 million private cars on the roads, according to data released by the Ministry of Public Security on January 7.

Toyota China fined ¥87.61 million for price fixing at Lexus dealerships [2019-12-30]

BEIJING – The State Administration for Market Regulation (SAMR), China’s market regulator, has fined Toyota Motor (China) Investment Co., Ltd.

A $6+ billion global startup DRiVs into China's automotive aftermarket [2019-12-19]
Interview with Brian J. Kesseler, CEO and Jay Kunkel, Executive Vice President, President of Asia

SHANGHAI – It’s a unique, $6+ billion global startup company. It combines the strengths of three automotive suppliers well-known in the industry: Tenneco, Federal-Mogul and Ö

Volkswagen Financial Services issue largest ABS in RMB to date: more than ¥6 billion in receivables volume [2019-11-18]

BRAUNSCHWEIG – Volkswagen Financial Services said in a statement on November 14 that it has successfully placed its highest-volume asset-backed securities (ABS) transaction in Chinese RMB, with a receivables volume of over ¥6 billion.

Geely's Cao Cao unit is now China's leading ride-hailing operator with more than 4.75 million monthly active users [2019-11-07]

HANGZHOU – Cao Cao Technology, the ride-hailing taxi operator under Geely Holding Group, said in a statement on November 7 that it has emerged as the country’

ERGO and Great Wall Motor sign JV for mobility insurance business in China [2019-10-29]

BAODING, Hebei – ERGO Group, one of the major insurance companies in Germany and Europe, signed an auto mobility joint venture MOU with Great Wall Motor Co., Ltd.

PlatON develops blockchain-based residual value platform for Mercedes-Benz's used vehicles in China [2019-08-29]

BEIJING – PlatON, the pioneering global privacy-preserving computing network, said in a statement on August 29 that it has developed a bespoke blockchain-based “

DiDi's Auto-Solutions platform enters strategic partnership with Ping An entities [2019-08-15]

BEIJING – Didi Chuxing, the world’s leading multi-modal transportation platform, announced on August 9 that its one-stop automobile solutions platform –

WeRide launches JV in Guangzhou to develop and deploy RoboTaxi service [2019-09-16]

GUANGZHOU – Chinese self-driving startup and the country’s leading L4 autonomous driving mobility company WeRide announced on August 7 the launch of a new joint venture company –

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