Geely ICON, Geely Auto’s second BMA (B-segment Modular Architecture)-based SUV, will hit the market on Feb. 24 through a live-streaming platform, the automaker announced via its WeChat account.
Feb. 24 , 2020Great Wall Motor (GWM), China’s biggest SUV and pickup manufacturer, announced its full-year gross revenue reached RMB96.455 billion in 2019, edging down 2.8% compared to the previous year.
Feb. 21 , 2020Guangdong provincial government will push eligible regions to launch the subsidy policies for promoting the scrapping and replacement of old and used motor vehicles, according to a governmental file issued on Feb. 21.
Feb. 21 , 2020In January, automakers in China sold a total of 1,606,668 locally-produced PVs (hereby referring to cars, MPVs, SUVs and minibuses), a year-on-year decrease of 21.6% and a month-on-month drop of 27.3%, according to the CPCA.
Feb. 19 , 2020On Feb. 18, a "we media" platform exposed via its WeChat account that Geely, China's biggest indigeous automaker, plans to pump $RMB300 million in the EV startup NIO. As of press time, both NIO and Geely declined to comment.
Feb. 18 , 2020SAIC Motor saw its sales in January tumbled 34.55% over a year ago, versus the estimated 18% drop in the industry’s total reported by the China Association of Automobile Manufacturers (CAAM).
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