Market & Industry
China’s vehicle inventory alert index in Aug. 2024 drops both YoY, MoM
China’s vehicle inventory alert index in Aug. 2024 drops both YoY, MoM

In August 2024, the China Automobile Dealers Inventory Alert Index reached 56.2%, representing an year-on-year decrease of 0.7 percentage points and a month-on-month decline of 3.2 percentage points.

Sep. 4 , 2024
GAC INTERNATIONAL enters South African market with two car models introduced
GAC INTERNATIONAL enters South African market with two car models introduced

GAC INTERNATIONAL officially introduced two of its key models, the EMZOOM and EMKOO, to the South African market.

Sep. 3 , 2024
Geely Automobile scores 21% YoY jump in Aug. 2024 vehicle sales
Geely Automobile scores 21% YoY jump in Aug. 2024 vehicle sales

Geely Automobile Holdings Limited announced that the group sold a total of 181,229 vehicles in the month of August 2024, representing a year-on-year jump of 21%.

Sep. 3 , 2024
Chery Holding’s YTD auto sales surpass 1.5 million units by Aug. 2024
Chery Holding’s YTD auto sales surpass 1.5 million units by Aug. 2024

In August 2024, Chery Holding sold 211,879 vehicles, marking a 23.7% year-over-year increase, the automaker announced on September 2.

Sep. 2 , 2024
Gasgoo Daily: Huawei’s HIMA to launch new AITO M9 SUV model on Sept. 10
Gasgoo Daily: Huawei’s HIMA to launch new AITO M9 SUV model on Sept. 10

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.

Sep. 2 , 2024
SGMW, Yanfeng cement cooperation in R&D, supply chain, manufacturing fields
SGMW, Yanfeng cement cooperation in R&D, supply chain, manufacturing fields

On August 31, 2024, SAIC-GM-Wuling and Yanfeng signed a strategic cooperation agreement in Shanghai, establishing a comprehensive partnership across various fields, including technology, products, teams, and supply chain management.

Sep. 2 , 2024