BAIC Guangzhou agreed on August 3 to subscribe for not less than 6.25% of the total new A shares to be issued by BAIC BluePark, an A-share listed subsidiary of BAIC Group (a controlling shareholder of BAIC Motor).
Aug. 6 , 2020
Japanese automaker Honda said its new vehicle deliveries in China jumped 17.8% from the previous year to 136,646 units last month, the highest-ever volume in terms of July sales.
Aug. 6 , 2020
BAIC BluePark intends to raise not more than 5.5 billion yuan ($787,841,450) through a non-public issuance of stocks, some of which are set to be poured in the development of ARCFOX-branded premium vehicle models and relevant network construction.
Aug. 5 , 2020
Chinese startup Xpeng Motors announced that the deliveries of its second mass-produced model, the Xpeng P7, amounted to 1,641 units in July.
Aug. 4 , 2020
FAW-Toyota announced that its sales in July soared 40% from a year earlier to 79,050 units, which made its year-to-date sales amounted to roughly 430,000 units, a slight increase of 0.8% compared to the year-ago period.
Aug. 4 , 2020
NIO delivered 3,533 vehicles in July 2020, representing a robust 322.1% growth year-over-year.
Aug. 3 , 2020