Market & Industry
How will Geely Auto Group achieve its 2025 sales target?
How will Geely Auto Group achieve its 2025 sales target?

CEO Gan Jiayue recently outlined the group's strategy to achieve this goal, focusing on three core areas: product and technology innovation, global market expansion, and diversified energy solutions.

Jan. 6 , 2025
FAW Hongqi achieves record-high annual sales in 2024
FAW Hongqi achieves record-high annual sales in 2024

FAW Group's Hongqi brand recently announced its 2024 sales performance, reporting a total of 411,777 vehicles sold throughout the year, which represented a 17.4% year-on-year increase.

Jan. 6 , 2025
GAC Group aims to gain 15% YoY growth in 2025 annual vehicle sales
GAC Group aims to gain 15% YoY growth in 2025 annual vehicle sales

For 2025, GAC Group aims to achieve a 15% year-over-year growth in annual sales.

Jan. 3 , 2025
China's vehicle inventory alert index in Dec. 2024 drops YoY, MoM
China's vehicle inventory alert index in Dec. 2024 drops YoY, MoM

In December 2024, the Inventory Alert Index for Chinese automobile dealers reached 50.2%, representing an year-on-year decrease of 3.5 percentage points and a month-on-month decline of 1.6 percentage points.

Jan. 3 , 2025
Changan KAICHENG raises over 2 billion yuan in Series A financing
Changan KAICHENG raises over 2 billion yuan in Series A financing

Changan Automobile's commercial vehicle brand KAICHENG announced on Jan. 2 it successfully raised over 2 billion yuan in its Series A funding round, marking a significant milestone in its capital market journey.

Jan. 3 , 2025
Huawei's Harmony Intelligent Mobility Alliance delivers 49,474 vehicles in Dec. 2024
Huawei's Harmony Intelligent Mobility Alliance delivers 49,474 vehicles in Dec. 2024

Huawei's smart car alliance, Harmony Intelligent Mobility Alliance (HIMA), announced a record-breaking monthly delivery of 49,474 vehicles in December 2024.

Jan. 3 , 2025