SAIC Motor sold 479,464 new vehicles in June, achieving a 2.77% year-on-year growth. This is also the first-time increase the Chinese biggest automaker gained in 2020.
Jul. 7 , 2020
Geely Automobile Holdings Limited and its subsidiaries (collectively referred to as the “Group”) sold 110,129 new vehicles in June, a year-on-year jump of roughly 21% and a month-on-month increase of 1%, the automaker announced on July 6.
Jul. 6 , 2020
Haier Group, a Chinese multinational home appliances and consumer electronics company, has invested in PATEO, a Shanghai-based IoV (Internet of Vehicles) product and service provider, as a strategic investor, according to a local media outlet.
Jul. 6 , 2020
SAIC-GM-Wuling (SGMW), General Motors’ joint venture with two Chinese automakers, boasted an impressive 24% year-on-year growth in June with 124,000 vehicles sold, according to a post on SGWM’s WeChat account.
Jul. 3 , 2020
SAIC Motor announced on July 2 that its wholly-owned subsidiary SAIC Motor HK Investment Limited (SAIC HK) plans to acquire not fewer than 613,377,424 shares in CAR Inc., a Hong Kong-listed mobility service provider.
Jul. 3 , 2020
Chery Holding sold 46,189 new vehicles in June, a growth of 10.9% over a month ago. The company said it has gained month-on-month increase for the fourth month in a row.
Jul. 3 , 2020