Market & Industry
China’s car parc amounts to 297 million units by end of Sept. 2021
China’s car parc amounts to 297 million units by end of Sept. 2021

China’s motor vehicle parc amounted to roughly 390 million units by the end of September 2021, of which 297 million units were automobiles, according to China’s Ministry of Public Security (MPS).

Oct. 12 , 2021
SAIC Motor becomes direct shareholder of  Iveco's joint venture in China
SAIC Motor becomes direct shareholder of Iveco's joint venture in China

Nanjing Iveco Automobile Co.,Ltd. (Naveco), a Nanjing-based company principally engaging in manufacturing light-duty commercial vehicle, recently introduced SAIC Motor as a director investor, according to Tianyancha.

Oct. 12 , 2021
China vehicle sales down by 19.6% YoY in September
China vehicle sales down by 19.6% YoY in September

China’s new vehicle sales fell 19.6% from a year ago to 2.067 million units in September, according to the China Association of Automobile Manufacturers (CAAM).

Oct. 12 , 2021
FAW Jiefang Sept. sales more than halved YoY
FAW Jiefang Sept. sales more than halved YoY

The commercial vehicle arm of FAW Group, FAW Jiefang, reported a slump in its September production and sales volume.

Oct. 11 , 2021
Gasgoo Daily: Evergrande NEV company increases registered capital
Gasgoo Daily: Evergrande NEV company increases registered capital

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Oct. 11 , 2021
Honda Motor posts 28.1% YoY dip in Sept. China deliveries
Honda Motor posts 28.1% YoY dip in Sept. China deliveries

Last month, Honda Motor Co.,Ltd. (hereinafter referred to as “Honda”) saw its China deliveries slump 28.1% from a year ago to 121,448 units, the Japanese automaker said on Monday.

Oct. 11 , 2021