Market & Industry
Changan Automobile’s Thai production base to start operation in Q1 2025
Changan Automobile’s Thai production base to start operation in Q1 2025

On September 4, Changan Automobile revealed during an investor briefing that construction of its new energy vehicle production base in Thailand is progressing as planned, with production expected to commence in the first quarter of next year.

Sep. 5 , 2024
SERES allies with SAE-China for intelligent connected new energy vehicle development
SERES allies with SAE-China for intelligent connected new energy vehicle development

On September 4, 2024, Seres Group Co., Ltd. (SERES) signed a strategic cooperation agreement with the China Society of Automotive Engineers (SAE-China) in Chongqing.

Sep. 5 , 2024
Mercedes-Benz to invest over 14 billion yuan in China for expanded local production
Mercedes-Benz to invest over 14 billion yuan in China for expanded local production

Mercedes-Benz Group announced plans to invest over 14 billion yuan in China, in partnership with local collaborators, to expand its lineup of localized passenger vehicles and vans, according to the company’s official WeChat post on September 4.

Sep. 5 , 2024
Changan Automobile sets up German subsidiary
Changan Automobile sets up German subsidiary

Chinese automaker Changan Automobile officially registered its German subsidiary, Changan Automobile Deutschland GmbH, in Munich, marking a significant step in its European expansion, the automaker announced on September 3.

Sep. 4 , 2024
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