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Local brands get 24.77% of Jan-Aug sedan market

China sold a total of 835,500 local brand sedans from January through August, representing 24.77 percent of the sedan market, according to a report from China Association of Automobile Manufacturers (CAAC).

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China's first solar-electric car unveiled in Anhui

China's first electric car using solar energy for compensatory power has been successfully developed by an Anhui high-tech company and the car made its debut in the provincial capital of Heifei on August 29, reported Auto Weekly today.

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Great Wall Motor to launch more sedan models

Great Wall Motor, already China's top maker of SUVs and pickups, announced the company will roll out more sedan models in the coming two years, said Jia Yaquan, general manager of Great Wall Automobile Sales Company to Shanghai Securities yesterday.

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Southeast V3 Lingyue to sell below 70,000 yuan

Chinese carmaker Southeast Motor said its self-developed compact car V3 Lingyue, which is set to go on sale in October, now can receive advance booking from this September 19, Beijing Youth reported today, citing sources.

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China to make one mln new-energy vehicles in 2012

With four or five years of efforts, there will be at least one million new-energy vehicles to be produced in China by 2010, accounting for 10% of the country's total auto output that year, a technology official in China said recently, as reported by state media today.

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Southeast V3 Lingyue to go on sale by October

Fujian-based Chinese carmaker Southeast Motor had its first self-developed compact sedan, called V3 Lingyue, rolling off line yesterday, and will put the car on sale by October to boost the company's market growth, said sina.com.cn today.

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FAW Xiali plans 150,000-unit capacity plant

Tianjin FAW Xiali Automobile Co, Toyota Motor Co's Chinese partner, announced plans to build a manufacturing plant with an annual capacity of 150,000 units in the neighboring FAW Huali (Tianjin) Motor Co, China's Nanfang Daily reported today.

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Chinese Gov announced to raise tax on big cars

Shanghai, August 14 (Gasgoo.com) The Chinese government has officially announced its plan to raise its car consumption tax on luxury vehicles of high emissions and cut tax on small cars as of next month, Xinhua reported on Wednesday.

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