Market & Industry
China auto outputs, sales in June record double-digit growth
China auto outputs, sales in June record double-digit growth

China auto outputs and sales reached 2,325,000 units and 2,300,000 units in June, growing 22.5% and 11.6% year on year respectively, according to the China Association of Automobile Manufacturers (CAAM).

Jul. 10 , 2020
NIO China to gain 10.4 billion yuan worth of credit line from six banks
NIO China to gain 10.4 billion yuan worth of credit line from six banks

NIO China will receive a credit line worth 10.4 billion yuan ($1,484,568,800) from six Chinese banks, the EV maker announed on July 10.

Jul. 10 , 2020
Japanese automakers' year-to-date sales in China keep showing smaller decrease
Japanese automakers' year-to-date sales in China keep showing smaller decrease

With China’s auto market keeping rebounding, Toyota, Nissan and Mazda all won their third-month-in-a row sales growth in China as of June.

Jul. 9 , 2020
China logs 22.5% slump in first-half homegrown PV retail sales
China logs 22.5% slump in first-half homegrown PV retail sales

In the first half of 2020, the retail sales of China's locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) totaled 7.844 million units, slumping 22.5% year on year, according to the China passenger Car Association (CPCA).

Jul. 8 , 2020
Geely Auto teases first CMA-based sedan model “PREFACE”
Geely Auto teases first CMA-based sedan model “PREFACE”

Geely Auto announced on July 8 its first CMA (Compact Modular Architecture)-based sedan model is dubbed “PREFACE” in English and unveiled the teaser photos at the same time.

Jul. 8 , 2020
Changan Auto’s first-half sales edge up 1.33% year on year
Changan Auto’s first-half sales edge up 1.33% year on year

Chongqing Changan Automobile Co., Ltd. (called “Changan” for short) saw its sales surged 38.11% from a year ago to 194,406 units, which made its year-to-date sales represent growth for the first time so far this year.

Jul. 8 , 2020