- Hangzhou adds 20,000 fuel-burning car license plates to simulate auto sales
China’s local governments are taking steps to boost car sales that have fallen for two consecutive years and are worsened due to the coronavirus pandemic by increasing annual quota of new license pl...
Mar. 27 , 2020
- Review of major Chinese auto groups’ sales in February
Due to the coronavirus spread, most Chinese automaker witness their sales slide precipitous in February. Among eight major automakers listed here, half of them posted year-on-year decrease of over 80%...
Mar. 25 , 2020
- 【February, 2020】China Passenger Vehicle Sales Analysis
Impacted by COVID-19, PV wholesales only showed 0.23 mn units in February 2020, down 81.4% YoY.
Mar. 24 , 2020
- Summary of Japanese automakers' China sales in Feb.
In February, four major Japanese automakers all suffered nosedive in their China sales due to the COVID-19 epidemic.
Mar. 23 , 2020
- China Q1 auto sales projected to drop 45% if coronavirus effectively controlled by Mar.
China’s auto outputs and sales are projected to slump 45% year on year in the first quarter (Q1) if the coronavirus epidemic is effectively contained by the end of March, according to the CAAM.
Mar. 19 , 2020
- JAC Motors turns loss into profit in 2019
Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Motors) announced it 2019 net profit attributable to shareholders reached RMB106.015 million, bringing the money-losing firm into the black over the a...
Mar. 19 , 2020
- NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2019 Financial Results
NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, on Mar. 18 announced its unaudited financial results for the fourth quarter and full year...
Mar. 18 , 2020
- China PV retail sales forecasted to show smaller drop in March
China’s retail sales of locally-produced PVs (referring to cars, SUVs and MPVs) are forecasted to reach 1.03 million units in Mar., plunging 41% year on year, while better than that of a month ago, ...
Mar. 18 , 2020