Market & Industry
China's vehicle inventory alert index climbs MoM, but drops YoY in Apr. 2024
China's vehicle inventory alert index climbs MoM, but drops YoY in Apr. 2024

In April 2024, China's Vehicle Inventory Alert Index (VIA), which reflects the inventory pressure on automobile dealers, stood at 59.4%, indicating a year-on-year decrease of 1 percentage points but a month-on-month increase of 1.1 percentage points.

May 7 , 2024
GWM’s monthly overseas sales hit new high in Apr. 2024
GWM’s monthly overseas sales hit new high in Apr. 2024

Great Wall Motor (GWM) announced on May 6 it sold a total of 94,796 new vehicles in April 2024.

May 7 , 2024
Gasgoo Daily: BorgWarner, XPENG forge new round electric motor business collaboration
Gasgoo Daily: BorgWarner, XPENG forge new round electric motor business collaboration

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.

May 6 , 2024
Ford China appoints Ai Xiaoming as President of Changan Ford
Ford China appoints Ai Xiaoming as President of Changan Ford

Ford China announced on May 6, 2024 that Mr. Ai Xiaoming has officially assumed the position of President of Changan Ford, reporting to the Board of Directors of Changan Ford.

May 6 , 2024
Huawei’s Harmony Intelligent Mobility Alliance delivers 29,632 vehicles in Apr.
Huawei’s Harmony Intelligent Mobility Alliance delivers 29,632 vehicles in Apr.

Huawei's smart selection alliance, HIMA (Harmony Intelligent Mobility Alliance), delivered a total of 29,632 new vehicles in April, according to HIMA’s announcement on May 1.

May 6 , 2024
Chery Holding boasts 43.7% YoY surge in Apr. auto sales
Chery Holding boasts 43.7% YoY surge in Apr. auto sales

Chinese automaker Chery Holding sold 182,049 vehicles in April, representing a year-on-year surge of 43.7%. Among them, 89,377 units were sold in overseas markets, rising 18.3% from a year ago.

May 6 , 2024