2017-08-11
Since mid-April, the A-share market has been on a continuous downward trend, falling below the 3,100-point mark. Recently, listed companies have begun collectively staging “share-reduction shows.” According to data, from January 1 to May 24, 2017, a total of 29 A-share listed automotive companies saw their major shareholders reduce their holdings by 32.06 million shares, with the total value of these reductions reaching 670 million yuan based on current market capitalization.
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2017-08-11
Tesla Enters the Mass Market—How Far Can Electric Vehicles Go in the Future?
Another big news story has emerged in the electric vehicle sector: Tesla has launched a new, affordable model with an extended range. Starting at just $35,000, this car can travel up to 344 kilometers on a single charge—making it much more accessible to the average consumer.
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2017-08-11
Returning to the Roots: Beijing Hyundai Enters the Post-Million-Vehicle Era of Breakthrough
Over the past two to three years, China’s automotive market has undergone a dramatic transformation. The success or failure of companies’ strategic moves will determine their future standing in the Chinese car market. No brand can afford to rest on its laurels. Volkswagen’s market dominance has been severely tarnished by a sudden scandal, while Audi and BMW—once leaders in the luxury-car segment—are now facing fierce competition from other automakers... All these brands that once enjoyed strong market positions are now grappling with challenges; how much more so for other brands?
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2017-08-11
After undergoing two rounds of public consultations amid competing interests from various parties, sources close to the policy-making authorities revealed that the “Implementation and Management Measures for the Disclosure of Automotive Repair Technical Information,” drafted under the leadership of the Ministry of Transport, may be officially released in mid-May.
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