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chinese car market

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    REPORT: China rolls out 89 new models in six months - that's one every two days

    Geely GE – Click above for high-res image gallery
    We've been hearing Chinese officials say for quite some time now that there are far too many automakers in the country for a healthy market in the long-term, but we didn't realize until today just how out-of-hand it may be. According to ...

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    Chinese gov't wants to consolidate major automakers to 10

    China is determined to raise its annual domestic car sales to 10 million units this year, and also wants sales to grow by another 10% every year for the next three years. It aims to achieve those numbers with a comprehensive investment in the company's transportation sector, beginning with merging ...


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