- Zotye Auto boasts 37% YoY surge in semi-annual net profit
Zotye Automobile Co., Ltd (Zotye Auto) generated RMB 10.251 billion in operation revenues and RMB 305 million in net profits for the first half of 2018, achieving year-on-year surge of 77.15% and 37% ...
Aug. 22 , 2018
- July vehicle sales breakdown of Chinese mainstream automakers
Gasgoo compiled the July sales released by corresponding Chinese mainstream automakers and tabulates those data as below. Accordingly, SAIC Motor still was far ahead of most automakers in both July sa...
Aug. 21 , 2018
- GAC NE to mass produce L3 autonomous vehicles in 2019
GAC New Energy Automobile Co.,Ltd (GAC NE) will mass produce L3 autonomous vehicles in 2019, Gu Huinan, general manager and board member of GAC NE, revealed in an interview on August 16.
Aug. 17 , 2018
- Dongfeng Motor Corporation reports double-digit YoY sales drop in July
In July, Dongfeng Motor Corporation saw its July sales evidently fall 18.76% to 185,966 vehicles. For the first seven months, the automaker delivered 1,696,102 vehicles in total, a slight sales drop o...
Aug. 16 , 2018
- Top 10 car models by July sales
Gasgoo compiled the data from the CPCA and found that the car market saw its July sales edge down 0.7% over a year ago to 819,200 units, accounting for up to 52.3% of total PV sales nationwide.
Aug. 16 , 2018
- Analysis on China’s July SUV sales
In July, China’s PV sales slid 5.5% to 1.565 million units year on year, according to data from the China Passenger Car Association. After compiling the data, Gasgoo found that the SUV market saw an...
Aug. 15 , 2018
- HSBC Securities lowers GWM ’s EPS forecast due to weak sales
HSBC Securities recently lowered the earnings per share forecast from year 2018-2020 of Great Wall Motor by 11-16%, as the firm’s weak sales in July made HSBC Securities not optimistic about the sal...
Aug. 15 , 2018
- Delivery volume of FAW-VW reached 154,097 units in July
In July, FAW-VW's delivery volume reached 154,097 units, representing a good start for FAW-VW in the second half of 2018.
Aug. 13 , 2018
