- GAC Group’s Jan.-Sept. net profit decline, while investment income remains flat
Chinese automaker GAC Group gained RMB43.031 billion in gross revenue for the first nine months of 2019, versus RMB53.508 billion for the year-ago period, the company said on October 29.
Oct. 31 , 2019
- BYD’s Q3 net profit tumbles 88.58%, warns on 2019 profit
Chinese automaker BYD reported on October 29 an 88.58% year-on-year plunge in the third-quarter (Q3) net profit in the wake of a three-consecutive-month decrease in monthly sales volume taking place d...
Oct. 30 , 2019
- Great Wall Motor boasts remarkable year-on-year hike in Q3 net profit
Great Wall Motor (GWM) reported a splendid hike in the third-quarter (Q3) profit compared with the same period a year ago, after the Chinese biggest SUV and pickup manufacturer announced a double-digi...
Oct. 28 , 2019
- Jiangling Motors boasts 198.65% year-on-year surge in Q3 net profit
Jiangling Motors Corporation Ltd. (JMC) reported a 198.65% year-on-year surge in the third-quarter (Q3) net profit attributable to the company’s equity holders, while the profit for the first three ...
Oct. 23 , 2019
- China’s 2019 NEV sales forecast once again lowered
China once again lowered the full-year NEV sales forecast for 2019 after three straight months of year-on-year decline.
Oct. 21 , 2019
- Revealed: Sept. sales in premium automakers’ China market
Chinese auto market faced its 15th-month-in-a-row sales downturn as of September, but it seems that the premium car field has not been coolened by the general decline.
Oct. 21 , 2019
- 17-year-old Beijing Hyundai to roll out seven core models for sales boost
Beijing Hyundai is set to roll out seven core strategic models to boost its sales and brand competence, according to Yin Mengxuan, general manager of Beijing Hyundai Motor Co.,Ltd.
Oct. 21 , 2019
- China’s Aug. imported vehicle sales drop 10% YoY
China’s sales of imported vehicles slid 10% in August compared with the same period a year earlier to 68,000 units.
Oct. 17 , 2019