Insurance registrations of the SF5 totaled 1,926 vehicles in China in October, representing a jump of 72.4% compared with the previous month while the year-to-date registrations of the model stood at 5,150 vehicles this year.
Dec. 10 , 2021By the end of last month, the country has sold 23.489 million vehicles this year, increasing 4.5% from a year ago.
Dec. 10 , 2021The commercial vehicle subsidiary of BAIC Group, Foton, announced that its subsidiary Beijing Borgward received a court-ordered seizure for its RMB2.2 billion worth of assets, petitioned by creditors.
Dec. 10 , 2021BAIC Bluepark, the holding company of BAIC BJEV, saw a year-on-year increase in its November sales while production remained low.
Dec. 8 , 2021In November 2021, the retail sales of locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) in China amounted to around 1.845 million units, dipping 12.5% year on year, while climbing 6.2% month on month, according to the CPCA.
Dec. 8 , 2021Li Hongpeng has resigned as Vice President of Commerce with Hyundai Motor Group (China) Ltd. and will become President of Wanda Automobile Technology Service Co.,Ltd. from Jan. 2022.
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