- FAW-Toyota logs 40% year-on-year hike in July sales
FAW-Toyota announced that its sales in July soared 40% from a year earlier to 79,050 units, which made its year-to-date sales amounted to roughly 430,000 units, a slight increase of 0.8% compared to t...
Aug. 04 , 2020
- China honored world’s biggest NEV country for fifth year in a row
China has been honored the world’s largest NEV market in terms of both outputs and sales for the fifth year in a row as of 2019, said Xin Guobin, vice minister of China’s Ministry of Industry and ...
Aug. 03 , 2020
- Hongqi’s July sales nearly doubled from year-ago level
FAW Group’s Hongqi reported a July sales volume exceeding 17,500 units, which surged 99% over the previous year. For the first seven months, the premium auto brand saw its sales skyrocket 108% year ...
Aug. 03 , 2020
- Summary: 2020 H1 sales target completion rates of major Chinese automakers
Gasgoo hereby compiled the first-half 2020 sales results and annual sales goals announced by ten mainstream Chinese automobile groups.
July 31 , 2020
- JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020
JAC Motors is forecasted to post a net loss attributable to shareholders of 146 million yuan ($20,866,378) for the first half of 2020, a nosedive from the net profit of 125,114,300 yuan ($17,881,386) ...
July 31 , 2020
- GAC Group, FCA sign MoU to improve joint venture’s operations
At this year’s Chengdu Motor Show, GAC Group and FCA Group, two parent companies of the joint venture GAC FCA, signed a memorandum of understanding (MoU) to step up their strategic cooperation in Ch...
July 31 , 2020
- Hongqi unveils E-HS9 BEV, aims to launch 3 to 5 new models per year
FAW Hongqi’s all-new large-sized all-electric SUV, the Hongqi E-HS9, made its world’s debut on July 28 with its presale kicking off at the same time.
July 30 , 2020
- NIO adds used car distribution, brokerage onto business scope
Shanghai NIO Automobile Sale Service Co.,Ltd., a wholly-owned subsidiary of NIO (Anhui) Holding Ltd., has added the distribution and brokerage of used cars on to its business scope, according to the c...
July 27 , 2020
