Market & Industry
Volvo Cars unveils new design studio in Shanghai
Volvo Cars unveils new design studio in Shanghai

On May 10, Volvo Cars unveiled its new design studio in Shanghai, one of the mega cities in Asia, meaning the automaker’s global design footprint has been further expanded in addition to its existing studios in Gothenburg and Camarillo.

May 11 , 2023
Shell, FAW Jiefang step up cooperation for higher energy efficiency, lower carbon emissions
Shell, FAW Jiefang step up cooperation for higher energy efficiency, lower carbon emissions

Shell (China) Limited and FAW Jiefang, the truck manufacturing company of FAW Group, on May 10 signed an agreement to cement their strategic cooperation in five areas.

May 11 , 2023
Changan Automobile boasts 57.23% YoY leap in Apr. 2023 sales
Changan Automobile boasts 57.23% YoY leap in Apr. 2023 sales

In April 2023, Chinese automaker Chongqing Changan Automobile Co., Ltd. (Changan Automobile) posted a double-digit year-on-year surge in monthly sales.

May 11 , 2023
Dongfeng Motor Group sees Apr. 2023 sales jump 29.73% YoY
Dongfeng Motor Group sees Apr. 2023 sales jump 29.73% YoY

In April 2023, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) saw its monthly sales volume came in at 142,496 vehicles, indicating a jump of 29.73% from the earlier year, but facing a 25.91% drop from the previous month.

May 10 , 2023
Nissan Motor's Apr. China sales grow 12.6% MoM
Nissan Motor's Apr. China sales grow 12.6% MoM

Nissan Motor, the major Japanese automaker, announced on May 9 that its April sales volume in China recovered from a month ago.

May 10 , 2023
JD.com, ZF Aftermarket team up in automobile aftermarket area
JD.com, ZF Aftermarket team up in automobile aftermarket area

On May 9, the automobile sales unit of JD.com and ZF Aftermarket officially signed a strategic cooperation agreement, under which, over the next three years, the two parties will jointly implement the "JD-ZF Plan".

May 10 , 2023