SAIC Motor on December 9 inked a framework agreement with China Post Group to carry out strategic collaboration on complete vehicle procurement, fleet operation, finance, express & logistics and market expansion.
Dec. 11 , 2019JAC Motors expects the combined production and sales of its complete vehicles and chassis to reach 450,000 to 500,000 in 2020, according to a filing from the company on December 11.
Dec. 11 , 2019On December 6, DRiV Incorporated celebrated the official opening of its new Asia Pacific headquarters.
Dec. 11 , 2019In November, automakers in China sold a total of 2,075,266 locally-produced PVs (referring to cars, MPVs, SUVs and minibuses), posting a year-on-year decrease of 4.7%, while achieving an evident growth of 7.5% from the previous month.
Dec. 9 , 2019After eleven months of the year passed, SAIC Motor, the Chinese largest automaker, has not got sales rebound yet. According to the latest sales report, the automaker posted 9.58% and 13.33% year-on-year decline in November and year-to-date sales.
Dec. 9 , 2019GAC Group reported a year-on-year drop of 4.27% in November wholesale volume, 8.93 percentage points less than the Oct. sales. By the end of November, 2019, the Guangzhou-based automakers had been facing sales downturn for five successive months.
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