Market & Industry
What encourages China local automakers to roll out premium brands?
What encourages China local automakers to roll out premium brands?

“Moving upscale” has become a must-go approach for Chinese domestic brands to survive the increasingly fierce competition and earn more market share.

Dec. 11 , 2020
China auto sales jump 12.6% YoY in November
China auto sales jump 12.6% YoY in November

China auto outputs and sales reached 2.847 million units and 2.77 million units respectively in November, rising 9.6% and 12.6% from a year earlier.

Dec. 11 , 2020
Huawei said to build R&D center in Guangzhou for intelligent car tech R&D
Huawei said to build R&D center in Guangzhou for intelligent car tech R&D

Huawei Technologies Co.,Ltd. has got the right to use a piece of land at Baiyun District of Guangzhou by paying 339 million yuan ($51,946,868), according to Baiyun district government.

Dec. 10 , 2020
GAC Group’s Nov. sales up 11.38% year on year
GAC Group’s Nov. sales up 11.38% year on year

In November, GAC Group sold 217,654 vehicles, representing an increase of 11.38% compared with the same period of last year. The year-on-year decrease of the first eleven months narrowed to 2.21% with 1,834,697 vehicles sold during the period.

Dec. 8 , 2020
Great Wall Motor gains 2020’s first-time growth in YTD sales
Great Wall Motor gains 2020’s first-time growth in YTD sales

Great Wall Motor said its sales reached 145,240 units in November, jumping 26% from the previous year and rising 7% from the previous month. Its YTD sales inched up 0.75% to 961,489 units, showing year-on-year growth for the first time this year.

Dec. 8 , 2020
Geely Auto fulfills 88% of 2020's sales target as of Nov.
Geely Auto fulfills 88% of 2020's sales target as of Nov.

Geely Automobile Holdings Limited and its subsidiaries sold a total of 150,517 new vehicles in November, an increase of roughly 5% from the year-ago period and up around 7% from the previous month.

Dec. 7 , 2020