Dongfeng Peugeot Citroen Automobile Co.,Ltd (DPCA), a joint venture between Dongfeng Motor Corporation and Group PSA, plans to roll out 14 new models that meet Chinese consumers' demands in the following five years.
Oct. 26 , 2020
During the third quarter, GWM saw its net profit attributable to shareholders edge up 2.9% over a year earlier to 1.44 billion yuan ($216,047,520) and recorded a gross margin of 19%, 0.5 percentage points higher than the year-ago period.
Oct. 23 , 2020
In September, the automobile import volume in China jumped 23.8% year on year to roughly 104,000 units (including chassis), which are worth 28.6 billion yuan ($4,290,943,800), according to the Sinomach Automobile Co.,Ltd.
Oct. 23 , 2020
BYD Auto Industry Company Limited, a subsidiary of BYD Company Limited, entered into a joint venture agreement with Hino Motors, Ltd. (Hino) on October 21 to set up a new company for the development of battery electric commercial vehicles.
Oct. 21 , 2020
Chinese EV startup NIO is planning to develop its own computing chips for autonomous driving, while the project, which is mainly driven by NIO’s chairman and CEO William Bin Li, is still at its early stage, a local media outlet reported on Oct. 21.
Oct. 21 , 2020
Chinese largest auto marker SAIC Motor announced on October 20 it is ambitious to make the annual sales volume of its self-owned brands exceed 100,000 vehicles in 2025 in Europe, where a number of global auto giants make significant deployment.
Oct. 21 , 2020