Market & Industry
GAC Capital, Yuexiu Industrial Fund to team up in investment in NEV, ICV industrial chains
GAC Capital, Yuexiu Industrial Fund to team up in investment in NEV, ICV industrial chains

GAC Capital, the capital operation and equity investment & financing platform of GAC Group, last Friday inked a strategic cooperation agreement with Yuexiu Industrial Fund for the investment layouts focusing on the NEV and ICV industrial chains.

Apr. 11 , 2022
Rising Auto to start second round of price rise in 2022
Rising Auto to start second round of price rise in 2022

Rising Auto, a SAIC Motor-owned brand focusing on mid-/high-end electric vehicles (EVs), announced last Friday the plan to raise the prices of some models due to the factors like the hike in raw materials prices.

Apr. 11 , 2022
FAW Group resumes production in Jilin province
FAW Group resumes production in Jilin province

China’s Jilin-based major auto group FAW Group has resumed production on April 11th, according to Sun Jian, head of the Department of Industry and Information Technology of Jilin Province.

Apr. 11 , 2022
Great Wall Motor sells 100,930 vehicles in March
Great Wall Motor sells 100,930 vehicles in March

Great Wall Motor sold 100,930 vehicles in March, down 8.86% compared to a year ago, with a year-over-year decrease generated by the HAVAL and GWM Pickup brands, the automaker reported on April 10th.

Apr. 11 , 2022
Chinese indigenous brands score YoY rise in March retail sales despite drop in China's overall PV sales
Chinese indigenous brands score YoY rise in March retail sales despite drop in China's overall PV sales

In March 2022, the retail sales of locally-made PVs (referring to cars, MPVs, SUVs and minibuses) in China amounted to around 1.608 million units, dropping 10.9% from a year earlier.

Apr. 11 , 2022
Gasgoo Daily: China’s Jan.-Feb. auto parts export up by 8.1% YoY
Gasgoo Daily: China’s Jan.-Feb. auto parts export up by 8.1% YoY

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Apr. 8 , 2022