Great Wall Motor to issue ultra-short-term financing bonds of RMB5 bln to optimize debt structure

Great Wall Motor announced on November 13 that it plans to issue no more than RMB5 billion worth of ultra-short-term finRead more

GAC NE unveils new NEV strategy, to launch second-generation BEV platform

GAC NE plans to launch the second-generation GAC Electric Platform that boasts lower power consumption and stronger perfRead more

China auto dealers under high inventory pressure amid overall sales decline

A number of automakers also suffered YoY decline or saw slower growth in Oct. sales, which inevitably perplexed dealers Read more

Tencent Cloud, Saleen Automotive forge partnership on autonomous driving, IoV

Tencent Cloud and Jiangsu Saleen Automotive Technologies Group signed a strategic cooperation agreement in Shanghai on NRead more

Top 10 car, SUV models in China by October wholesale volume

According to the China Passenger Car Association (CPCA), the PV wholesale volume in China evidently dropped 12.7% over aRead more

Changan Automobile posts YoY drop for six straight months

Changan Automobile said that its Oct. sales plunged 35.2% over a year ago to 170,575 units, the sixth straight month facRead more

China’s YTD vehicle outputs, sales by Oct. post YoY drop for the first time in 2018

China’s vehicle outputs and sales in October reached 2.334 million units and 2.38 million units respectively, edging doRead more

Top 4 Japanese automakers by China sales in October

Nissan and Mazda faced year-on-year (YoY) downturn in Oct. sales, affected by China’s overall stagnant auto climate. HoRead more

New Ford Focus hits China market with lower price

The new-gen Ford Focus, from Changan Ford, hit the market on November 8 with 12 variants. The new model is priced from RRead more

China Jan-Oct PV wholesale volume down by 0.7% YoY, CPCA

According to the CPCA, China’s PV retail sales reached 1,950,342 units in October, edging up 2.4% MoM, while still fallRead more