China auto sales reached 2.573 million units in October, growing 12.5% from a year earlier and showing year-on-year increase for the seventh month in a row, according to the China Association of Automobile Manufacturers (CAAM).
Nov. 17 , 2020
Baoneng Motor, the automotive unit of Chinese property conglomerate Baoneng Group, announced on Nov. 16 the establishment of the automotive software company “Foresea Seven Swords”.
Nov. 17 , 2020
GAC Motor, the self-owned PV brand of GAC Group, will offer the first glimpse of the EMPOW55 sports sedan at the upcoming Auto Guangzhou 2020 and launch its all-new tagline, according to a post on the company’s WeChat account.
Nov. 17 , 2020
Most Japanese brands sustained robust growth for their China businesses in October. Both Toyota and Honda posted double-digit increase in China sales last month. Notably, Toyota was also the fastest-growing one in terms of Jan.-Oct. sales.
Nov. 13 , 2020
Geely Commercial Vehicles Group (GCV) is about to acquire not more than 116.3 million A shares launched by the truck manufacturer Hualing Xingma through a non-public issuance, as part of efforts to strengthen Geely’s offensive in CV area.
Nov. 13 , 2020
Guangdong province will strive to achieve the demonstration of its first hydrogen fuel cell passenger vehicles in 2022.
Nov. 12 , 2020