Market & Industry
Dongfeng Honda said to take over Dongfeng Peugeot Citroën’s Wuhan second factory
Dongfeng Honda said to take over Dongfeng Peugeot Citroën’s Wuhan second factory

Dongfeng Peugeot Citroën’s Wuhan second factory is reportedly taken over by Dongfeng Motor’s another joint venture, Dongfeng Honda, for electric vehicle production, according to a local media outlet.

Feb. 9 , 2022
Honda Motor’s China retail sales dip 6.9% YoY in Jan. 2022
Honda Motor’s China retail sales dip 6.9% YoY in Jan. 2022

Honda Motor Company said on Wednesday its monthly China auto retail sales amounted to 146,641 units in Jan. 2022, sliding 6.9% from the year-ago period, while also falling 13.1% from the previous month.

Feb. 9 , 2022
GAC Group sees new vehicle sales in Jan. 2022 rise 9.16% YoY
GAC Group sees new vehicle sales in Jan. 2022 rise 9.16% YoY

GAC Group said on Tuesday it sold 237,232 vehicles last month, representing a 9.16% growth over the year-ago period. As of Jan. 2022, the auto group had scored a year-on-year increase in monthly sales for three straight months.

Feb. 8 , 2022
KIA, Yueda to form new joint venture with six EV models coming
KIA, Yueda to form new joint venture with six EV models coming

On February 7th, the Korean automaker, KIA, inked an investment expansion agreement with the municipal government of Yancheng and Jiangsu Yueda Group. KIA will form a new joint venture with Yueda.

Feb. 7 , 2022
Geely’s premium EV brand ZEEKR's Jan. deliveries drop 7% MoM
Geely’s premium EV brand ZEEKR's Jan. deliveries drop 7% MoM

Geely’s premium EV brand, ZEEKR, celebrated its achievement in the cumulative delivery volume of 9,537 vehicles in the first 100 days of delivery.

Feb. 7 , 2022
Car and City: Shanghai's registrations of new passenger vehicles in Dec. 2021
Car and City: Shanghai's registrations of new passenger vehicles in Dec. 2021

In December 2021, the registrations of locally-made passenger vehicles in Shanghai, one of the most developed cities in China, reached 74,051 units, dropping 16% YoY, while jumping 25.6% MoM.

Feb. 7 , 2022