Shunrong Auto Parts Co., Ltd listed on Shenzhen Stock Exchange in 2011. It possessed 600,000 pieces of plastic fuel trunks capacity before its listing. It planned to add a production capacity of 1.2 million pieces of plastic fuel trunks in 2011 and 2012 by listing offering projects. It completed ...
In terms of its business structure, the operating revenue of automobile business accounts for 60%-70% of ZD’s total and the net profit contributed by the business holds about 35% of the total...
In 2011, the customer structure of Xingyu got optimized. The business volume of its two important customers of FAW-VW and Shanghai Volkswagenrose, meanwhile its cooperation, with Dongfeng Nissan, G...
Yaxia Automobile intends to add 10 4s stores in 2012 to accelerate its expansion in the second and third tier cities in Anhui province, among which, one 4s store is for Cadillac. Cadillac 4s shop c...
At the beginning of February of 2012, Ningbo Huaxiang Group (002048.SZ) announced to acquire the assets and operations of Sellner Holding Group's Sellner GmbH and the subordinated plastic inter...
In 2011, Renault achieved a total sales volume of 2,722,062 setsworldwide, increasingby3.6% YOY, while 24,275 sets sales in China, rising 65% YOY, which is obviously higher than the global average ...
In 2011, China's automobile industry achieved a total sales of 18.51 million with an increase of 2.5%YoY, while the growth rate is 30 percentage points lower than that in 2010.Looking from ever...
In 2011, global sales volume of Volvo accumulated to 449,255 units, a rise of 20.3% compared to that of 373,525 in 2010. As for the Chinese market, sales volume of Volvo hit 47,140 units (up 54.4% ...
As the largest car dealer in Anhui province, Wuhu Yaxia Automobile Corporation mainly engages in the sales and maintenance of passenger vehicles, driver's training and insurance agency business...
On December 20, 2011, Zhongshan Broad-ocean Motor Co., Ltd. (002249) announced that its wholly owned subsidiary in Wuhan planned to purchase 57.5% shares of Wuhu Generator Automotive Electrical Sys...
Beijing and Shanghai are two main cities with high consumption of imported vehicle, wherein both Japanese vehicle and German vehicle accounts for approximately 40% shares respectively. In 2011, inf...
KIA Motors signed agreement with Yancheng Municipal Government of Jiangsu Province on 2 Nov. 2011, according to which, it will build up the third plant in China to further expand its scale and mark...
Nissan plans to produce INFINITI in China in 2012. The production base will be located in Hubei automotive manufacture plant of Dongfeng Automobile, the partner of Nissan in China. When it goes int...
Pangda Automobile Trade, the largest auto dealer in China, went public in the end of Apr. 2011. It raised funds of RMB6 billion in total, wherein RMB2 billion was for financial leasing business. Ap...
On 20 Oct. 2011, Dongfeng Automobile established its first overseas subsidiary in Russia and took the first step to marching into Russian market. Main business of the subsidiary in Russia includes ...
On 18 Oct. 2011, Beijing Hyundai released its new plan, according to which, its production and sales volume will increase to 1.4 million units by 2015, which will double the volume of 0.7 million u...
New regulations for government car procurement were launched in Sept. 2011 and will be put into effect by the end of Oct. 2011. The most obvious change of this regulation was to downgrade the gover...
Main models of Haima Automobile include Haima Prince, Haima 2, Family, Haima 3, Freema and Haima 7 etc. Haima announced in Oct. 2011, that it will start strategic adjustment by abandoning A0 and lo...
Volkswagen Group will introduce SEAT to China and assign FAW-Volkswagen to manufacture, after successfully bringing Volkswagen, Audi and Skoda to China and realizing domestic production.
Establ...
In 2011, ZhengTong Auto, an auto dealer specializing in luxury brands and medium-and high-grade brands, expanded its distribution network through four M&A activities.
In Apr.2011, it took...
Base on the optimistic estimation towards the Chinese market, domestic and foreign automobile manufacturers are busy at Chinese market expansion. Chang’an Ford is one of them. It adopts three...
New product tax policy on Brazil auto industry came into effect from 16 Sept. 2011, which was raised from 7%-25% to 37%-55%, an average enhancement of 30%. Brazil is one of the most important expor...
On 10 Apr. 2011, the 8th Beidou navigation satellite was launched successfully. According to the plan, construction of Beidou navigation system (Asia-Pacific) will complete by launching 12-15 satel...
Great Wall Motor plans to raise funds by issuing A shares on 19 Sept. 2011, which will be used for capacity expansion of 7 key parts including diesel engine, engine and transmission etc.
As of ...
Japanese passenger car occupies as high as 96% market share in Japan, while Korean passenger car takes up 95% market share in Korea. Comparably, Chinese passenger car enjoys no more than 50% market...
In 2011H1, gross margin of segmented markets of automobile industry presented decrease in varying degrees, and only the dealers is an exception with increase of 0.1 percentage point. Gross margin o...
SAAB has always interested in the emerging Chinese market. However, SAAB’s performance was unsatisfactory in China and its sales volume continuously shrank. In 2010, sales volume of SAAB in C...
In 2011H1, influenced by the earthquake happened in Japan, Japanese brand car manufacturers adjusted their sales targets. However, different from the sales target reduction of Honda and Mazda, FAW ...
In the end of 2010, Lvjing 2.0T diesel motor jointly developed by Delphi and Great Wall Motor reached the strict Euro emission standard. From Jun. 2011, Great Wall Motor started installing this mot...
Yuantong is one of the major auto distributors in China. In H1 2011, Yuantong set up and acquired 14 4S stores for 98.6394 million and became the authorized dealer for seven high-end brands. Curren...