Market & Industry
SAIC Motor said to launch new intelligent EV brand code-named “L”
SAIC Motor said to launch new intelligent EV brand code-named “L”

Chinese largest automaker SAIC Motor intends to launch an all-new intelligent EV brand code-named “L”, which will operate businesses as an independent company, according to a local media outlet.

Oct. 14 , 2020
China posts six-consecutive-month growth in auto sales, outputs
China posts six-consecutive-month growth in auto sales, outputs

In September, China auto sales reached 2.565 million units, growing 12.8% year on year respectively, according to the China Association of Automobile Manufacturers (CAAM).

Oct. 13 , 2020
BYD upgrades Q3 earnings estimate
BYD upgrades Q3 earnings estimate

The company expects the year-on-year growth rate of its earnings in the reporting period will be in the range of 115.97% to 128.67%.

Oct. 13 , 2020
GM China sales see 12% growth in third quarter
GM China sales see 12% growth in third quarter

Along with the market recovery from the pandemic impact, several major brands from the company showed strong growth momentum in the quarter ending September 30.

Oct. 12 , 2020
Honda achieves all-time high September deliveries in China
Honda achieves all-time high September deliveries in China

In the three months of 2020’s third quarter, Honda's China branch consecutively achieved highest-ever unit sales compared to corresponding months of previous years.

Oct. 12 , 2020
Nissan records 5.1% growth in Sept. China sales
Nissan records 5.1% growth in Sept. China sales

Nissan’s China sales climbed 5.1% year on year to 141,595 units (including imported vehicles) in September, the Japanese automaker announced on October 11.

Oct. 12 , 2020