Market & Industry
Toyota Motor sees first YoY drop in annual China auto sales in a decade
Toyota Motor sees first YoY drop in annual China auto sales in a decade

​In the last month of 2022, the three major Japanese automakers, namely Toyota Motor, Honda Motor, and Nissan Motor were all confronted with a less-than-expected annual sales performance in China, with Nissan taking the heaviest toll and Toyota the s

Jan. 12 , 2023
Bosch to build R&D, manufacturing base for core NEV parts, autonomous driving in China’s Suzhou city
Bosch to build R&D, manufacturing base for core NEV parts, autonomous driving in China’s Suzhou city

Bosch Group plans to build an R&D and manufacturing base for core new energy vehicle (NEV) parts and autonomous driving technologies in Suzhou city.

Jan. 12 , 2023
FAW Group aims to sell 4 million in 2023
FAW Group aims to sell 4 million in 2023

China’s major automaker FAW Group saw its 2022 annual sales volume reach 3.2 million vehicles, the company announced at a press conference on Monday.

Jan. 12 , 2023
China’s new energy vehicle registrations soar 81.48% YoY in 2022: MPS
China’s new energy vehicle registrations soar 81.48% YoY in 2022: MPS

China's motor vehicle parc amounted to roughly 417 million units by the end of Dec. 2022, 319 million of which were automobiles, according to China's Ministry of Public Security (MPS).

Jan. 11 , 2023
FAW-Volkswagen sells over 1.8 million vehicles in 2022
FAW-Volkswagen sells over 1.8 million vehicles in 2022

FAW-Volkswagen (FAW-VW), the joint venture between FAW Group and Volkswagen Group, announced on January 10 its annual sales volume reached over 1.8 million vehicles in 2022.

Jan. 11 , 2023
Great Wall Motor sees annual overseas sales jump 21.28% YoY in 2022
Great Wall Motor sees annual overseas sales jump 21.28% YoY in 2022

Great Wall Motor ("GWM") sold 1,067,523 vehicles in 2022, marking the seventh year in a row to record an annual sales volume exceeding 1 million units.

Jan. 10 , 2023