Market & Industry
Nissan sees China sales drop 2.4% year on year in August
Nissan sees China sales drop 2.4% year on year in August

Nissan Motor Co.,Ltd. said its sales in China edged down 2.4% from a year ago to 126,592 vehicles. However, compared to July, it still gained a 4.7% growth.

Sep. 4 , 2020
Honda’s China deliveries leap 19.7% from prior-year period in August
Honda’s China deliveries leap 19.7% from prior-year period in August

Honda saw its China deliveries jumped 19.7% year on year to 148,636 units last month, the highest-ever Aug. volume the Japanese automaker has achieved in the world’s largest auto market.

Sep. 3 , 2020
Changan Ford’s Retail Sales Jumped 10.2% Month-on-Month, with Explorer, Edge as Highlights
Changan Ford’s Retail Sales Jumped 10.2% Month-on-Month, with Explorer, Edge as Highlights

Retail sales of Changan Ford in August have increased 10.2% month-on-month at 16,623 units.

Sep. 3 , 2020
SAIC Motor secures 50 bln yuan credit line from the Export-Import Bank of China
SAIC Motor secures 50 bln yuan credit line from the Export-Import Bank of China

Chinese largest automaker SAIC Motor said it signed an agreement on September 1 with the Export-Import Bank of China for a credit line worth 50 billion yuan ($7.315 billion).

Sep. 2 , 2020
GAC Group, China Post to team up on parcel delivery, mobility service
GAC Group, China Post to team up on parcel delivery, mobility service

GAC Group signed on August 31 a framework agreement with China Post to carry out strategic cooperation on the fields of the market expansion and service, the vehicle procurement, the finance business, the parcel delivery and the mobility service.

Sep. 2 , 2020
Geely Auto files prospectus for Shanghai STAR Market listing
Geely Auto files prospectus for Shanghai STAR Market listing

Geely Automobile Holding Limited is ready to become China’s first carmaker listed on China’s Nasdaq-style sci-tech innovation board, also known as the STAR market, according to a prospectus it has submitted to Shanghai Stock Exchange.

Sep. 1 , 2020