- China's auto market hit with 17th-month-in-a-row sales downturn
China's auto market was hit by the 17th-month-in-a row sales downturn as of November, 2019.
Dec. 10 , 2019
- Great Wall Motor completes 89.2% of 2019 sales target by November
With a total of 954,290 new cars (+3.81%) sold through November, Great Wall Motor (GWM) has already accomplished 89.2% of its 2019 sales target.
Dec. 10 , 2019
- China’s PV market fails to see year-on-year rebound in November
In November, automakers in China sold a total of 2,075,266 locally-produced PVs (referring to cars, MPVs, SUVs and minibuses), posting a year-on-year decrease of 4.7%, while achieving an evident growt...
Dec. 09 , 2019
- SAIC Volkswagen gets sales growth after 14-successive-month downturn
After eleven months of the year passed, SAIC Motor, the Chinese largest automaker, has not got sales rebound yet. According to the latest sales report, the automaker posted 9.58% and 13.33% year-on-ye...
Dec. 09 , 2019
- GAC Group clocks drop in Jan.-Nov. wholesale volume, but deliveries rise
GAC Group reported a year-on-year drop of 4.27% in November wholesale volume, 8.93 percentage points less than the Oct. sales. By the end of November, 2019, the Guangzhou-based automakers had been fac...
Dec. 09 , 2019
- BYD boasts surge in Nov. oil-fueled vehicle sales, but NEV sales still plunge
BYD said its oil-fueled vehicle sales in November reached 30,075 units, surging 43.86% compared with a year ago and climbing 5.29% from a year earlier. Nevertheless, total sales still fell 19% year on...
Dec. 09 , 2019
- Geely Automobile achieves best-ever November auto sales
Geely Automobile posted 1% year-on-year growth in November sales.
Dec. 06 , 2019
- BAIC Motor, Daimler once again inject capital to finance leasing subsidiary due to growing risk assets
On December 5, BAIC Motor entered into an agreement with Daimler Greater China Ltd. (DGRC) to contribute an aggregate amount of RMB500 million to Mercedes-Benz Leasing Co., Ltd. (MBLC).
Dec. 06 , 2019
