Market & Industry
Changan Ford’s Retail Sales Jumped 10.2% Month-on-Month, with Explorer, Edge as Highlights
Changan Ford’s Retail Sales Jumped 10.2% Month-on-Month, with Explorer, Edge as Highlights

Retail sales of Changan Ford in August have increased 10.2% month-on-month at 16,623 units.

Sep. 3 , 2020
Joyson Electronics’ subsidiary said to supply NIO with V2X 5G-TBOX, 5G-VBOX
Joyson Electronics’ subsidiary said to supply NIO with V2X 5G-TBOX, 5G-VBOX

Joynext, a subsidiary of Joyson Electronics, was recently awarded a contract for NIO’s 5G-V2X platform project, which is worth roughly 660 million yuan ($96.515 million) and includes the products of V2X 5G-TBOX and 5G-VBOX.

Sep. 3 , 2020
Great Wall Motor’s Taizhou plant sees first prototype vehicle roll of production line
Great Wall Motor’s Taizhou plant sees first prototype vehicle roll of production line

Great Wall Motor (GWM) saw its Taizhou manufacturing base’s first PT (prototype) vehicle roll off the production line on September 1, indicating that the Taizhou plant has fully advanced into the production trial stage.

Sep. 3 , 2020
Geely Auto files prospectus for Shanghai STAR Market listing
Geely Auto files prospectus for Shanghai STAR Market listing

Geely Automobile Holding Limited is ready to become China’s first carmaker listed on China’s Nasdaq-style sci-tech innovation board, also known as the STAR market, according to a prospectus it has submitted to Shanghai Stock Exchange.

Sep. 1 , 2020
FAW Hongqi’s auto sales zoom 110% YoY in August
FAW Hongqi’s auto sales zoom 110% YoY in August

Hongqi, Chinese luxury car brand owned by FAW Group, saw its sales hit a record high of over 21,000 units in August, a substantial year-on-year growth of 110%, according to a posting on Hongqi’s WeChat account.

Sep. 1 , 2020
China’s Vehicle Inventory Alert Index edges down 0.5 percentage points YoY to 52.8% in Aug.
China’s Vehicle Inventory Alert Index edges down 0.5 percentage points YoY to 52.8% in Aug.

China’s Vehicle Inventory Alert Index (VIA) stood at 52.8% in August, which declined 9.9 and 0.5 percentage points compared to the previous month and to the previous year respectively, according to the China Automobile Dealers Association (CADA).

Sep. 1 , 2020