Market & Industry
China gains two-digit growth in May auto outputs, sales
China gains two-digit growth in May auto outputs, sales

In May, China boasts double-digit year-on-year growth in both auto outputs and sales.

Jun. 11 , 2020
Chongqing takes measures to bolster auto consumption
Chongqing takes measures to bolster auto consumption

Chongqing has drawn up a set of measures for the purpose of stabilizing and bolstering local automobile consumption that was hard hit by the coronavirus spread.

Jun. 11 , 2020
Baoneng enters into strategic partnership with Midea Group in intelligent manfacturing
Baoneng enters into strategic partnership with Midea Group in intelligent manfacturing

Both parties will make full use of their advantages to create an intelligent manufacturing and retail ecosystem, with a focus on intelligent manufacturing, automotive parts, new retail model, etc.

Jun. 11 , 2020
GAC Group gains growth in May thanks to GAC Toyota’s sales hike
GAC Group gains growth in May thanks to GAC Toyota’s sales hike

GAC Group’s auto sales stood at 165,622 units in May, rising 4.07% compared with the same period last year, said the automaker.

Jun. 10 , 2020
Great Wall Motor achieves 2020’s first-time YoY sales growth
Great Wall Motor achieves 2020’s first-time YoY sales growth

Great Wall Motor (GWM), the Chinese biggest SUV and pickup manufacturer, said its Jan.-May auto sales slumped 27.24% year on year to 313,061 units. However, the company recorded a 30.92% hike in May sales, which was also its first-time growth for the year of 2020.

Jun. 9 , 2020
NIO founder William Li serves legal representative of NIO (Anhui) Holding
NIO founder William Li serves legal representative of NIO (Anhui) Holding

William Bin Li, founder, chairman, and CEO of the startup NIO, officially became the legal representative of NIO (Anhui) Holding Co.,Ltd., the legal entity of NIO China, on June 5.

Jun. 9 , 2020