Changan's new-energy brand Deepal has moved quickly to bring in Jiang Hairong, former chief marketing officer of Honor China, as its new president, according to the article.
Changan Automobile's first half-year report after becoming a first-tier central state-owned enterprise captures a wider dilemma across China's auto industry: vehicles are selling, but earnings are being squeezed by price competition, technology spending and the shift from petrol cars to new-energy models.
