Market & Industry
Stellantis achieves better business performance in China in 2021
Stellantis achieves better business performance in China in 2021

French automaker announced on Jan. 28 strengthened its business position in China laying a solid foundation for its’s long-term expansion.

Jan. 28 , 2022
China imported PV deliveries drop 6.1% YoY in 2021
China imported PV deliveries drop 6.1% YoY in 2021

For the year of 2021, there were 939,109 imported passenger vehicles (PVs) delivered across China, representing a 6.1% decrease year-over-year, according to the Sinomach Automobile Co., Ltd., China's largest dealer of imported vehicles.

Jan. 28 , 2022
China's vehicle insurance registrations up by 6.6% YoY in 2021
China's vehicle insurance registrations up by 6.6% YoY in 2021

The annual registration volume of last year managed to grow 6.57% from a year earlier to 20,270,073 vehicles.

Jan. 27 , 2022
China’s locally-made PV retail sales expected to drop 6.2% YoY in Jan. 2022: CPCA
China’s locally-made PV retail sales expected to drop 6.2% YoY in Jan. 2022: CPCA

China's retail sales of locally-produced passenger vehicles (merely including cars, SUV, and MPVs) are anticipated to reach 2.05 million units in Jan. 2022, dropping 6.2% year on year, according to the China Passenger Car Association (CPCA).

Jan. 26 , 2022
Baidu, Geely invest $400 million in JIDU's A financing round
Baidu, Geely invest $400 million in JIDU's A financing round

On January 26th, Baidu’s JIDU announced that it had completed A round of financing, raising nearly $400 million from its parent companies, Baidu and Geely Holding.

Jan. 26 , 2022
Gasgoo Daily: Wang Fengying resigns as Great Wall Motor’s vice chairwoman
Gasgoo Daily: Wang Fengying resigns as Great Wall Motor’s vice chairwoman

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.

Jan. 25 , 2022