Market & Industry
GAC Group gains growth in May thanks to GAC Toyota’s sales hike
GAC Group gains growth in May thanks to GAC Toyota’s sales hike

GAC Group’s auto sales stood at 165,622 units in May, rising 4.07% compared with the same period last year, said the automaker.

Jun. 10 , 2020
Great Wall Motor achieves 2020’s first-time YoY sales growth
Great Wall Motor achieves 2020’s first-time YoY sales growth

Great Wall Motor (GWM), the Chinese biggest SUV and pickup manufacturer, said its Jan.-May auto sales slumped 27.24% year on year to 313,061 units. However, the company recorded a 30.92% hike in May sales, which was also its first-time growth for the year of 2020.

Jun. 9 , 2020
NIO founder William Li serves legal representative of NIO (Anhui) Holding
NIO founder William Li serves legal representative of NIO (Anhui) Holding

William Bin Li, founder, chairman, and CEO of the startup NIO, officially became the legal representative of NIO (Anhui) Holding Co.,Ltd., the legal entity of NIO China, on June 5.

Jun. 9 , 2020
SAIC Motor says May sales only drop 1.63% YoY
SAIC Motor says May sales only drop 1.63% YoY

SAIC Motor reported a wholesale volume of 473,064 vehicles in May, representing a slight year-on-year decrease of 1.63%. With 1,569,652 units sold in total, the Chinese automaker posted a 36.47% decline for the first five months.

Jun. 8 , 2020
BYD posts smaller YoY decrease in May sales
BYD posts smaller YoY decrease in May sales

Shenzhen-based automaker BYD said it sold 31,821 new vehicles in May, which slid 6.19% year on year, versus the 15.94% decrease in April sales. Its year-to-date auto sales still plunged 34.03% from a year ago to 124,903 units.

Jun. 8 , 2020
FAW-Volkswagen’s May deliveries show two-digit YoY, MoM growth
FAW-Volkswagen’s May deliveries show two-digit YoY, MoM growth

FAW-Volkswagen said it was once again honored the champion in China PV market in May with a delivery volume of 186,777 units, a year-on-year jump of 22% and a month-on-month growth of 12.7%.

Jun. 6 , 2020