- FAW Group 2019 auto sales edge up 1.3%, full-year revenue hits RMB620 billion
FAW Group sold 3.464 million vehicles through 2019, achieving a growth of 1.3% compared with the year-ago period, and outpacing the overall auto industry by 10 percentage points, the state-owned autom...
Jan. 06 , 2020
- FAW Group 2019 auto sales edge up 1.3%, full-year revenue hits RMB620 billion
- Mazda’s China retail sales in Dec., 2019 jump 19.2% year on year
Mazda Motor (China) Co., Ltd. said its new car retail sales in December, 2019 reached 24,492 units, of which FAW Mazda and Changan Mazda contributed 10,418 units and 14,074 units respectively.
Jan. 06 , 2020
- Mazda’s China retail sales in Dec., 2019 jump 19.2% year on year
- NIO expected to be champion startup in China by 2019 insurance registration
In November, 2019, 6,369 consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicle (MLI) for EVs made by Chinese startups, versus 6,459 for the month-ago perio...
Jan. 05 , 2020
- NIO expected to be champion startup in China by 2019 insurance registration
- SAIC MAXUS’s 2019 sales grow over 40% YoY
SAIC MAXUS’s 2019 annual sales jumped 42.85% from the year-ago period to 120,017 units.
Jan. 03 , 2020
- SAIC MAXUS’s 2019 sales grow over 40% YoY
- Lexus’ annual sales in China over 200,000 units for first time
Toyota’s luxury brand Lexus sold 200,521 vehicles in China in the whole year of 2019, which was a year-on-year sales jump of 25%, according to the brand.
Jan. 03 , 2020
- Lexus’ annual sales in China over 200,000 units for first time
- China’s VIA exceeding official warning threshold for 24 straight months
In December, China’s Vehicle Inventory Alert Index (VIA), which measures the inventory level of automobile dealers, stood at 59.0%, dropping 7.1 percentage points from the year-ago period and 3.5 pe...
Jan. 03 , 2020
- China’s VIA exceeding official warning threshold for 24 straight months
- FAW, BST to promote application of self-driving technologies
FAW Group and Black Sesame Technologies (BST) signed a strategic cooperation agreement in Changchun, Jilin on 30, December to collaborate on autonomous driving chips, visual perception algorithms and ...
Jan. 03 , 2020
- FAW, BST to promote application of self-driving technologies
- BYD, Didi deepen collaboration on ride-hailing services
BYD will strengthen cooperation with Didi Chuxing, the Shenzhen-based automaker said, not for the first time.
Jan. 02 , 2020
- BYD, Didi deepen collaboration on ride-hailing services