- Gotion High-Tech denies rumor of introducing Volkswagen as biggest shareholder
Gotion High-Tech, China’s No.3 battery maker, once again clarified the rumor saying the German automobile giant Volkswagen Group is set to become one of its main shareholders.
Apr. 23 , 2020
- 【March, 2020】China Passenger Vehicle Sales Analysis
Due to orderly resumption of work, PV wholesales showed 1.06 mn units in March 2020.
Apr. 22 , 2020
- China Jan.-Feb. auto import volume fall 11.3% over a year earlier
For the first two months of 2020, China imported a total of 136,000 vehicles, posting a year-on-year decline of 11.3% due to the coronavirus outbreak and the Spring Festival, according to Sinomach Aut...
Apr. 21 , 2020
- BAIC BluePark’s net profit jumps 25.54% year on year in 2019
BAIC BluePark New Energy Technology Co.,Ltd. (BAIC BluePark), the parent company of BAIC's NEV unit BJEV, announced its full-year revenue in 2019 leapt 30.39% over a year ago to RMB23.589 billion, and...
Apr. 21 , 2020
- Summary of Chinese mainstream automobile groups’ Q1 sales
China auto sales for the month of March tumbled 43.3% year on year to 1.43 million units, making the first-quarter (Q1) sales aggregate 3.672 million units with a 42.4% decrease, according to the Chin...
Apr. 20 , 2020
- Jiangsu issues guidelines to revive automobile sales
Jiangsu Provincial Government announced earlier this month its guidance measures to revive automobile consumption, which is hit hard by the coronavirus outbreak.
Apr. 15 , 2020
- Top 10 China-built PV, car, SUV, MPV models by Mar. wholesales
There were six car models and four SUV models on the top 10 China-built PV models by March wholesales volume. The new entrant BYD Song was the only one that achieved growth.
Apr. 15 , 2020
- SAIC Motor 2019 net profit down by 28.9% YoY
SAIC Motor announced its annual net profit attributable to shareholders slumped 28.9% year on year to RMB25.603 billion, showing the first-time downturn since the group went public in 2011.
Apr. 14 , 2020