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China’s Government: Five Automakers have Defrauded Governmental Subsidizes of1.01 billion RMB yuan

China’s Government: Five Automakers have Defrauded Governmental Subsidizes of1.01 billion RMB yua

Gasgoo (Shanghai, September 9) Chinas government disclosed five automakers of green vehicles defrauding governmental subsidizes of 1.01 billion RMB yuan on 8 September. Ministry of Finance in China has carried out a special inspection on about 90 a

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 Dongfeng Nissan Had Great Market Performance in China in August

Dongfeng Nissan Had Great Market Performance in China in August

Gasgoo (Shanghai, September 7) Sales in August of Dongfeng Nissan were 86,000 units, with a year-on-year rise of 20%, according to data from the company. Total sales of the company from January to August were 669,000 units, about 62% of the target vo

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China’s Subsidy for Energy Conservative Models Came to an End, the Sales of Small Models Decreased

China’s Subsidy for Energy Conservative Models Came to an End, the Sales of Small Models Decreased

China’s domestic auto market came in to a relatively regular period of slack sales after China’s Spring Festival Holiday. But this year, the market of small models is even more depressing due to the end of China’s 3,000 yuan subsidy for energy c

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World’s first modular car incorporates technology from AkzoNobel

World’s first modular car incorporates technology from AkzoNobel

The worlds first modular car - the Nova was recently unveiled at the AutoRAI trade show for the automotive industry, in Amsterdam. Built by a team of 26 students at the Eindhoven University of Technology, the Nova featured, among other things, bio-fi

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Automotive Components

Automotive Components

The Mainlands fast growing automotive market presents immense opportunities for Hong Kongs automotive components industry in more ways than one. Firstly, the Mainland Government is making efforts to upgrade the countrys automotive industry and increa

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BAIC Aims to Take up Larger Market Shares of SUV with Development of New Modes

BAIC Aims to Take up Larger Market Shares of SUV with Development of New Modes

Gasgoo (Shanghai, September 23 th )- Reportedly, sales of BAIC, one of leading automakers in China were 869,000 units in the first half in 2016, with a year-on-year rise of 14.1%, which is 5% more than that of overall passenger vehicle market. Soarin

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  Small-size vehicles will meet the end of favorable policies, and Japanese brands will launch a fight

Small-size vehicles will meet the end of favorable policies, and Japanese brands will launch a figh

Gasgoo (Shanghai, September 29) Policy of halving purchasing tax for vehicles with displacement no larger than 1.6L will be expired at the end of this year. As a beneficiary, Japanese brands are launching a new fight, catching the policy at the end o

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Fiat Chrysler, Samsung talks stall amid Note 7 crisis, report says

Fiat Chrysler, Samsung talks stall amid Note 7 crisis, report says

Fiat Chrysler Automobiles NVs talks with Samsung Electronics over a partnership with its car-parts unit have stalled because the Korean company is focused on resolving the Galaxy Note 7 smartphone crisis, according to people familiar with the matter.

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Korea's Ssangyong eyes U.S. SUV market

Korea's Ssangyong eyes U.S. SUV market

PARIS -- Korean crossover and off-road specialist Ssangyong Motor Co. will enter the U.S by 2020 with two small SUVs, the brands CEO says. Gaining a foothold will be difficult but not impossible with the right models, Choi Johng-sik told Automotive N

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LG Chem taps electric-car boom with battery plant in Poland

LG Chem taps electric-car boom with battery plant in Poland

WARSAW -- South Koreas LG Chem is seeking to tap Europes booming electric-car market by setting up a battery plant in Poland to supply automakers. The company will invest 1.3 billion zloty ($339.4 million) in the plant near Wroclaw, southwestern Pola

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Electric vehicles have become a trend; China stands at the commanding height

Electric vehicles have become a trend; China stands at the commanding height

Gasgoo (Shanghai October 16th, 2016) Global auto industrys benchmark Paris Auto Show begins at the end of September. This Paris Auto Show is called an alternative energy vehicle show, in which luxury brands and traditional brands all took alternative

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Summary: Best-selling passenger automobile models in September

Summary: Best-selling passenger automobile models in September

Gasgoo (Shanghai October 16th, 2016) Global auto industrys benchmark Paris Auto Show begins at the end of September. This Paris Auto Show is called an alternative energy vehicle show, in which luxury brands and traditional brands all took alternative

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