Market & Industry
Gasgoo Daily: Daimler Truck China Ltd.’s new CEO takes office
Gasgoo Daily: Daimler Truck China Ltd.’s new CEO takes office

With Gasgoo Daily, we will offer daily important automotive news in China.

Apr. 27 , 2023
Former president of Wanda Auto reportedly takes on as head of marketing at HiPhi
Former president of Wanda Auto reportedly takes on as head of marketing at HiPhi

Chinese conglomerate Wanda Group's automotive arm, Wanda Auto, has seen a change in personnel as Li Hongpeng, who joined the company just a year ago, has reportedly left his role and joined luxury electric vehicle brand HiPhi.

Apr. 27 , 2023
Chery Holding, CATARC build several joint labs for smart NEV technologies
Chery Holding, CATARC build several joint labs for smart NEV technologies

On April 25, China Automotive Technology & Research Center (CATARC) and Chinese major automaker Chery Holding formed a partnership that covers such fields as automotive engineering technology services, digital business, information services, public

Apr. 27 , 2023
Great Wall Motor sees two-digit YoY decline in Q1 2023 revenue
Great Wall Motor sees two-digit YoY decline in Q1 2023 revenue

Great Wall Motor, one of China's leading automakers, recently released its 2023 first-quarter financial results, which showed year-on-year drop in its revenue and net profit.

Apr. 26 , 2023
Joyson Electronics boasts 12.7% YoY increase in Q1 2023 revenue
Joyson Electronics boasts 12.7% YoY increase in Q1 2023 revenue

Joyson Electronics, Chinese supplier of automotive electronics and safety solutions, saw its first-quarter revenues reach 13.22 billion yuan in 2023, representing a year-on-year increase of around 12.7%.

Apr. 26 , 2023
China’s homemade passenger vehicle retail sales likely to surge 49% YoY in Apr. 2023: CPCA
China’s homemade passenger vehicle retail sales likely to surge 49% YoY in Apr. 2023: CPCA

China's domestic passenger vehicle retail sales are anticipated to reach 1.57 million units in Apr. 2023, which should edge down 1.8% from the previous month, but soar 49% from the previous year, according to the CPCA.

Apr. 26 , 2023