In April, China's domestic passenger vehicle (PV) market retailed 1.532 million units, marking a year-over-year decrease of 5.7% and a month-over-month decrease of 9.4%, according to data from the China Passenger Car Association ("CPCA").
May 11 , 2024
In April 2024, there had been 2.406 million vehicles produced in China, representing a 10.5% decline from the previous month but a 12.8% rise from the previous year, according to data from the China Association of Automobile Manufacturers (CAAM).
May 11 , 2024
Geely-associated DreamSmart Group recently unveiled its new executive team on its official website. Former Chairman and CEO of DreamSmart Group, Mr. Shen Ziyu, is notably absent from the new executive lineup.
May 11 , 2024
GAC Group reported automobile wholesales totaling 133,313 units in April 2024, marking a 24.78% decline year-over-year.
May 9 , 2024
Recently, HYCAN, a Chinese new energy vehicle maker partly backed by GAC Group, officially dispatched its first batch of exported cars from Hangzhou.
May 9 , 2024
In April 2024, Honda Motor retailed 73,831 vehicles across China, marking a year-on-year decrease of 22.18%, according to the Japanese automaker's official data.
May 9 , 2024