Market & Industry
Geely Auto's Q1 sales slump 44% year on year
Geely Auto's Q1 sales slump 44% year on year

Geely Automobile reported its Q1 sales performance on April 7.

Apr. 7 , 2020
Mazda’s Q1 deliveries in China fall 30.7% year on year
Mazda’s Q1 deliveries in China fall 30.7% year on year

Mazda delivered a total of 36,351 new vehicles in China during the first quarter of 2020, suffering a plunge of 30.7% over a year ago mainly due to the impact of COVID-19 spread.

Apr. 7 , 2020
Honda records 50.8% YoY slump in Mar. China deliveries, while boasts surge over Feb.
Honda records 50.8% YoY slump in Mar. China deliveries, while boasts surge over Feb.

Honda announced there were 60,441 consumers in China took delivery of its vehicles in March, a year-on-year slump of 50.8%.

Apr. 7 , 2020
EV startup Skywell names first model “ET5”
EV startup Skywell names first model “ET5”

Skywell, a young all-electric PV brand launched in late 2019, officially announced the name of its first model under the “2+4+N” strategy—“ET5”, which is set to hit the market in the second half of the year.

Apr. 3 , 2020
Toyota, BYD announce founding of EV R&D JV
Toyota, BYD announce founding of EV R&D JV

Japanese auto giant Toyota and China's BYD announced on April 2 the formal establishement of their BEV R&D joint venture. ​

Apr. 2 , 2020
Geely Auto not to cut job, salaries amid anti-coronavirus fight
Geely Auto not to cut job, salaries amid anti-coronavirus fight

Geely Auto will not lay off employees, cut salaries or delay wage payment amid the combat against coronavirus, said An Conghui, president and CEO of Geely Auto Group, despite the revenue and profit downturn for 2019 and the impact from the COVID-19.

Apr. 2 , 2020