Market & Industry
FAW Audi, Zhongsheng Group sign MoU to expand dealership network
FAW Audi, Zhongsheng Group sign MoU to expand dealership network

On March 11, FAW Audi Sales Co., Ltd. (FAW Audi)and Zhongsheng Group Holdings Limited signed a strategic cooperation agreement in Hangzhou.

Mar. 12 , 2025
China's auto production, sales both surge over 30% YoY in Feb. 2025, despite slight MoM dip
China's auto production, sales both surge over 30% YoY in Feb. 2025, despite slight MoM dip

In February 2025, there were 2.103 million vehicles produced in China, representing a 14.1% month-on-month decline but a 39.6% year-on-year surge.

Mar. 11 , 2025
Leapmotor reports 92% YoY surge in 2024 annual revenue
Leapmotor reports 92% YoY surge in 2024 annual revenue

On March 10, Leapmotor released its 2024 financial report, logging annual revenue of 32.16 billion yuan, marking a year-on-year surge of 92%.

Mar. 11 , 2025
Gasgoo Daily: Leapmotor logs annual revenue of 32.16 billion yuan in 2024
Gasgoo Daily: Leapmotor logs annual revenue of 32.16 billion yuan in 2024

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Mar. 10 , 2025
MAEXTRO inaugurates Shanghai design center
MAEXTRO inaugurates Shanghai design center

On March 7, MAEXTRO, the luxury new energy vehicle (NEV) brand co-developed by JAC Group and Huawei, officially inaugurated its Shanghai Design Center.

Mar. 10 , 2025
GAC Group sees new energy vehicle sales jump 33.32% YoY in Feb. 2025
GAC Group sees new energy vehicle sales jump 33.32% YoY in Feb. 2025

GAC Group recorded a sales volume of 98,721 vehicles in February 2025, representing a slight growth of 0.33% year-on-year and 0.29% month-on-month.

Mar. 9 , 2025