Market & Industry
BAIC Group sees 2022 annual profit rise 4.7% YoY with 1.45 million vehicles sold
BAIC Group sees 2022 annual profit rise 4.7% YoY with 1.45 million vehicles sold

Beijing-based automaker BAIC Group disclosed its annual auto output and sales both reached 1.45 million units, bringing in a yearly revenue of 450.7 billion yuan (US$66.54 billion) in the year 2022.

Jan. 11 , 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
China's annual locally-made PV retail sales grow 1.6% YoY in 2022
China's annual locally-made PV retail sales grow 1.6% YoY in 2022

China's full-year passenger vehicle (PV) retail sales amounted to 20.824 million units in 2022, edging up 1.6% from the previous year, according to the China Passenger Car Association (CPCA).

Jan. 10 , 2023
Changan Automobile’s 2022 annual sales volume edges up 1.98% YoY
Changan Automobile’s 2022 annual sales volume edges up 1.98% YoY

In the year 2022, Changan Automobile’s annual auto sales amounted to 2,346,151 vehicles in total, edging up 1.98% year on year, the company announced on January 9.

Jan. 10 , 2023
JAC Group scores 55.88% YoY leap in 2022 annual export volume
JAC Group scores 55.88% YoY leap in 2022 annual export volume

In December 2022, Chinese automaker JAC Group saw its monthly auto sales slightly increased 2.02% from a year ago to 42,874 units, according to its announcement issued on January 10.

Jan. 10 , 2023