Market & Industry
Toyota, Mazda jump, Honda climbs, Nissan edges down in Nov. China sales
Toyota, Mazda jump, Honda climbs, Nissan edges down in Nov. China sales

Four major Japanese automakers have announced their China sales performance in November. The biggest bright spot should be Mazda, which achieved a double-digit increase after four-straight-month downturn.

Dec. 6 , 2019
Toyota’s China region business split for growing importance
Toyota’s China region business split for growing importance

Toyota Motor Corporation (TMC) said its businesses of China Region and Asia Region have been split in light of the importance of China market and the Asian markets, marking China’s growing significance to the Japanese auto giant.

Dec. 5 , 2019
Great Wall Motor celebrates rollout of 10,000th P Series passenger pickup
Great Wall Motor celebrates rollout of 10,000th P Series passenger pickup

Great Wall Motor (GWM) said the 10,000th passenger pickup of the new P Series officially rolled off the production line on December 5 at its Chongqing-based smart plant, only three months after the factory started production.

Dec. 5 , 2019
SAIC-GM to invest RMB80 billion in next five years
SAIC-GM to invest RMB80 billion in next five years

SAIC-GM, a joint venture between General Motors and SAIC Motor, will invest roughly RMB80 billion ($11.3 billion) in the JV’s R&D, technologies and factories from 2020 through 2024, to keep up with the industry mega trends.

Dec. 4 , 2019
Honda maintains growth in China deliveries as of November
Honda maintains growth in China deliveries as of November

Honda delivered 140,316 new vehicles in China last month with a year-on-year growth of 2.6%, the Japanese automaker’s China branch announced on December 4, boasting the 9th-month-in-a-row growth as of November, 2019.

Dec. 4 , 2019
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou

Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), today unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019.

Dec. 4 , 2019