Market & Industry
Gasgoo Daily: SAIC Motor announces leadership changes
Gasgoo Daily: SAIC Motor announces leadership changes

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.

Jul. 10 , 2024
JAC Group expects 86.86% YoY surge in H1 2024 net profit
JAC Group expects 86.86% YoY surge in H1 2024 net profit

On July 9, Anhui Jianghuai Automobile Group Co., Ltd. (JAC Group) announced its financial results for the first half of 2024, projecting a net profit attributable to the parent company owners of approximately 290 million yuan.

Jul. 10 , 2024
China’s cumulative NEV output, sales both exceed 30 million units by Jun. 2024
China’s cumulative NEV output, sales both exceed 30 million units by Jun. 2024

In June 2024, China’s auto production and sales came in at 2.507 million vehicles and 2.552 million vehicles, respectively, with month-on-month increases of 5.7% and 5.6% and year-on-year dips of 2.1% and 2.7% each.

Jul. 10 , 2024
Gasgoo Daily: SAIC-GM-Wuling's Binguo EV hits market in Thailand
Gasgoo Daily: SAIC-GM-Wuling's Binguo EV hits market in Thailand

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.

Jul. 9 , 2024
Continental AG puts Changchun Jingyue factory’s phase II expansion project into operation
Continental AG puts Changchun Jingyue factory’s phase II expansion project into operation

On July 8th, Continental AG announced that the Phase II expansion project of its factory in Jingyue High-tech Industrial Development Zone, Changchun city, Jilin province has officially commenced operations.

Jul. 9 , 2024
China has 24.72 million new energy vehicles running on roads by June 2024
China has 24.72 million new energy vehicles running on roads by June 2024

As of the end of June 2024, the total number of motor vehicles in China has reached 440 million, including 345 million cars, 24.72 million units are new energy vehicles (NEVs), according to China's Ministry of Public Security.

Jul. 9 , 2024