CHINA is extending its lead in the development of new-energy vehicles this year, mainly driven by rapid market growth and increasing battery production capability, according to a report published by German consulting firm Roland Berger. In terms of the sales target of electric vehicles, China sets a target of having electric vehicles account for 15 percent to 20 percent of the total car sales in 2025 and 40 percent to 50 percent of those sold in 2030, Roland Berger said in it

At NADA convention held in Las Vegas, we learned about the four major trends that were emerging and that would have an impact for years to come: Social networks are allies for dealerships, not just a branding tool. Customer retention should be pursued by every department. Customers want purchase processes like those offered by Amazon and Apple. Data safety is crucial. Now it’s one year later, and we ask ourselves: Will these trends continue in 2017? What new difficulties will

PSA Peugeot Citroen's sales in China and Southeast Asia continued to slump in May, dropping 50 percent year on year to below 24,800. The French automaker did not release country-by-country sales figures but China accounts for nearly all of PSA's Asian volume. Last month, roughly 16,600 Peugeot models and 8,200 Citroen cars including 500 DS models were delivered in China and Southeast Asia, according to figures PSA disclosed on its website. Through May, PSA’s deliveries

Disruptive innovation has reached a multitude of industries with the majority adapting fast to a changing environment. As the logistics industry is experiencing strong inflection points, such as high inefficiency – for example, a staggering 50% of transporters travel without cargo post-delivery – it is not surprising that this industry is being forced to innovate rapidly and develop solutions. The major component driving this innovation process is digital transformation, whic

CHINA is aiming to become a world automaking powerhouse in a decade, vowing to boost development of new-energy vehicles and relax restrictions on foreign ownership in the auto industry. The country will strive to achieve breakthroughs in key technologies and markedly increase the share of Chinese brands in the international auto market by 2025, according to an auto industry development plan released yesterday by three government departments, including the Ministry of Industry