Market & Industry
Nissan says China sales grow 5% YoY in Oct.
Nissan says China sales grow 5% YoY in Oct.

Nissan's China sales climbed 5% year on year to 146,028 units (including imported vehicles) in October, the Japanese automaker announced on November 5.

Nov. 6 , 2020
FAW inks MoU with Volkswagen Group for import of CKDs, complete vehicles
FAW inks MoU with Volkswagen Group for import of CKDs, complete vehicles

At the 3rd China International Import Expo (CIIE), China FAW Group, the Changanchun-based state-owned automaker, signed a memorandum of understanding (MoU) about import business with German auto giant Volkswagen Group.

Nov. 5 , 2020
Changan Auto records YoY sales growth for 7th month in a row
Changan Auto records YoY sales growth for 7th month in a row

Chongqing Changan Automobile Co., Ltd. (Changan Auto) gained a 29.65% year-on-year growth by selling 212,640 vehicles last month. As of Oct., the automaker had achieved increase for the seventh month in a row.

Nov. 5 , 2020
China’s Vehicle Inventory Alert Index drops 8.3 percentage points YoY in Oct.
China’s Vehicle Inventory Alert Index drops 8.3 percentage points YoY in Oct.

China's Vehicle Inventory Alert Index (VIA) stood at 54.1% in October, which rose 0.1 percentage points compared to the previous month, while dropped 8.3 percentage points over the previous year.

Nov. 3 , 2020
Changan Auto boasts 230.98% year-on-year surge in Q1-Q3 net profit
Changan Auto boasts 230.98% year-on-year surge in Q1-Q3 net profit

Chongqing Changan Automobile Co., Ltd. said its net profit attributable to shareholders amounted to 3.486 billion yuan ($520.318 million) for the first three quarters, shooting up 230.98% over a year ago.

Nov. 3 , 2020
NIO Inc. Provides October 2020 Delivery Update
NIO Inc. Provides October 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, today provided its October 2020 delivery results.

Nov. 3 , 2020