There were six car models and four SUV models on the top 10 China-built PV models by March wholesales volume. The new entrant BYD Song was the only one that achieved growth.
Apr. 15 , 2020
SAIC Motor announced its annual net profit attributable to shareholders slumped 28.9% year on year to RMB25.603 billion, showing the first-time downturn since the group went public in 2011.
Apr. 14 , 2020
Dongfeng Motor Group and Renault S.A. plan to restructure their joint venture Dongfeng Renault Automotive Company (DRAC) given the downturn in China’s automobile market and the subsidiary’s unsound operational performance.
Apr. 14 , 2020
Geely Auto and Guangdong Institute of Microbiology (GDIM) jointly unveiled on April 10 a microbiology laboratory, signifying the in-depth cooperation between them in building a strains library of car’s indoor microbial data.
Apr. 13 , 2020
Automakers in China sold 56,410 locally-produced new energy PVs (NEPVs) in March, a year-on-year slump of 49%.
Apr. 13 , 2020
In March, GAC Group clocked a year-on-year sales drop of 39.55%, but saw a significant rebound compared to the previous month.
Apr. 13 , 2020