Market & Industry
BYD’s Q1 net profit projected to tumble 79.99% to 93.33% year on year
BYD’s Q1 net profit projected to tumble 79.99% to 93.33% year on year

BYD’s net profit attributable to shareholders for the first quarter is forecasted to stand between RMB50 million to RMB150 million, plunging 79.99% to 93.33% compared to the year-ago period.

Apr. 14 , 2020
Groupe Renault sets its new strategy for China
Groupe Renault sets its new strategy for China

Groupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV).

Apr. 14 , 2020
SAIC Motor’s Q1 sales tumble 55.71% from the previous year
SAIC Motor’s Q1 sales tumble 55.71% from the previous year

SAIC Motor saw its first-quarter (Q1) sales slump 55.71% from a year ago to 679,028 units with most of its subsidiaries hit by the coronavirus-caused downturn as well.

Apr. 14 , 2020
Chongqing Changan Automobile records 32.1% year-on-year drop in Q1 sales
Chongqing Changan Automobile records 32.1% year-on-year drop in Q1 sales

Chongqing Changan Automobile Co., Ltd. (Changan) announced that its March sales slid 28.7% over a year ago to 139,737 units.

Apr. 13 , 2020
China considering delay of China Ⅵ emission standard implementation
China considering delay of China Ⅵ emission standard implementation

China’s Ministry of Ecology and Environment (MEE) said on April 9 it is weighing delaying the implementation of the China Ⅵ emission standard, which were due to come into effect on July 1, 2020.

Apr. 10 , 2020
China auto sales in March slump 43.3% year on year
China auto sales in March slump 43.3% year on year

The China Association of Automobile Manufacturers (CAAM) announced China's auto outputs and sales in March.

Apr. 10 , 2020