Market & Industry
SAIC Motor says May sales only drop 1.63% YoY
SAIC Motor says May sales only drop 1.63% YoY

SAIC Motor reported a wholesale volume of 473,064 vehicles in May, representing a slight year-on-year decrease of 1.63%. With 1,569,652 units sold in total, the Chinese automaker posted a 36.47% decline for the first five months.

Jun. 8 , 2020
BYD posts smaller YoY decrease in May sales
BYD posts smaller YoY decrease in May sales

Shenzhen-based automaker BYD said it sold 31,821 new vehicles in May, which slid 6.19% year on year, versus the 15.94% decrease in April sales. Its year-to-date auto sales still plunged 34.03% from a year ago to 124,903 units.

Jun. 8 , 2020
FAW-Volkswagen’s May deliveries show two-digit YoY, MoM growth
FAW-Volkswagen’s May deliveries show two-digit YoY, MoM growth

FAW-Volkswagen said it was once again honored the champion in China PV market in May with a delivery volume of 186,777 units, a year-on-year jump of 22% and a month-on-month growth of 12.7%.

Jun. 6 , 2020
Toyota teams up with five Chinese companies to build fuel cell system R&D joint venture
Toyota teams up with five Chinese companies to build fuel cell system R&D joint venture

Toyota Motor on June 5 signed an agreement with five Chinese companies for the establishment of a fuel cell system R&D joint venture in a bid to popularize fuel cell electric vehicles (FCEV) in China, the Japanese automaker announced.

Jun. 5 , 2020
Mazda’s China deliveries surge 31.6% in May
Mazda’s China deliveries surge 31.6% in May

Mazda said 22,886 consumers in China took delivery of its new vehicles in May, a remarkable year-on-year growth of 31.6%, according to the sales report offered by Mazda Motor (China) Co., Ltd.

Jun. 5 , 2020
Chery Jaguar Land Rover records YoY, MoM jumps in May wholesales
Chery Jaguar Land Rover records YoY, MoM jumps in May wholesales

Chery Jaguar Land Rover (CJLR) boasted a substantial year-on-year growth of 38.3% in its May wholesale volume, which was also 24.2% more than that of a month ago, the Sino-British premium auto joint venture announced on June 4.

Jun. 4 , 2020