- China’s Vehicle Inventory Alert Index drops 1.6 percentage points YoY in Sept. 2021
China’s Vehicle Inventory Alert Index (VIA) stood at 52.5% in October 2021, falling 1.6 percentage points from the previous year, while rising 1.6 percentage points from the previous month, accordin...
Nov. 01 , 2021
- Geely targets annual sales of 3.65 million in 2025, unveiling new powertrain brand
The group aims to sell 3.65 million vehicles in 2025, including 3 million from Geely Auto Group and 650,000 from Zeekr Technology company.
Oct. 31 , 2021
- Tesla’s China insurance registrations surge in Sept., exceeding totals of top 6 local startups
Last month, Tesla amazed the auto industry with its monthly registrations of China-made vehicles hitting new highs of 52,045 units.
Oct. 28 , 2021
- TikTok’s parent ByteDance builds car sales service subsidiary
ByteDance, a Chinese social media titan operating several machine learning-enabled content platforms such as TikTok and Toutiao, recently established a car sales service subsidiary.
Oct. 27 , 2021
- Most foreign automakers see double-digit decrease in third-quarter China sales
Nine out of eleven major foreign automobile groups saw double-digit year-on-year sales decrease in the third quarter in China.
Oct. 25 , 2021
- China’s daily auto sales increase MoM in 1st half this month: CPCA
In the first two weeks of October, China’s auto industry witnessed a month-on-month growth in daily vehicle retail sales according to the China Passenger Car Association (CPCA).
Oct. 20 , 2021
- Two bright spots in China local automakers’ Sept. sales
Among the eight major local automakers Gasgoo compiled, six had year-on-year decline in September sales, but most of them had at least two-digit increase in NEV sales from a year earlier.
Oct. 18 , 2021
- VW China Jan.-Sept. deliveries down, with Audi, Porsche sales increasing
In September, its deliveries in the largest auto market declined 41.8% year on year to 225,500 units.
Oct. 15 , 2021