- GAC Group sees net profit in 2020 drop 9.85% year on year
GAC Group gained 63.157 billion yuan ($9.657 billion) in the gross revenue for the year of 2020, posting a year-on-year growth of 5.88%, according to the annual financial results released on Thursday.
Mar. 26 , 2021
- JAC Group, Sinotrans team up on supply chain service, smart logistics
JAC Group signed a framework agreement with Sinotrans Limited, one of the largest logistics companies in China, to co-build a highly efficient modern automotive logistics service system by leveraging ...
Mar. 25 , 2021
- China homegrown PV retail sales in March likely to shoot up 66% YoY
Retail sales of China’s locally-produced PVs (referring to cars, SUVs and MPVs) are forecasted to reach roughly 1.74 million units in March, soaring 66% year on year and leaping 47.5% month on month...
Mar. 22 , 2021
- China PV wholesales in Feb. 2021: Changan CS75 SUV honored best-selling PV model
Among the top 10 PV models by Feb. wholesales, there were 7 cars and 3 SUVs. The most noteworthy feature of the list was that the best-selling one was a SUV, namely the CS75.
Mar. 19 , 2021
- Chery Holding posts 1.2% YoY growth in 2020 revenue
Chery Holding announced on Tuesday it earned 105.6 billion yuan ($16.25 billion) in revenue for the year of 2020, a year-on-year growth of 1.2%.
Mar. 16 , 2021
- Japanese automakers China car sales rocket in Feb. over previous year
In February 2021, four major Japanese automakers, namely Toyota, Honda, Nissan, Mazda, all saw their China sales vigorously surged from a year ago when the country was at the height of the coronavirus...
Mar. 12 , 2021
- China auto sales surge 364.8% YoY in Feb. 2021
China auto outputs and sales reached 1.503 million and 1.455 million units respectively in Feb. 2021, surging around 420% and 360% from a year earlier, and showing year-on-year growth for the eleventh...
Mar. 11 , 2021
- FAW Group Feb. sales up 379% year on year
Hongqi, the luxury marque of the group, had a monthly sales volume of 13,009, representing a year-on-year increase of 246.7%.
Mar. 10 , 2021
