China’s auto outputs and sales are projected to slump 45% year on year in the first quarter (Q1) if the coronavirus epidemic is effectively contained by the end of March, according to the CAAM.
Mar. 19 , 2020
Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Motors) announced it 2019 net profit attributable to shareholders reached RMB106.015 million, bringing the money-losing firm into the black over the annual loss of RMB786.144 million for 2018.
Mar. 19 , 2020
China’s MIIT promoted on March 18 several measures to facilitate automobile companies’ work resumption, in order to dredge the channels blocked by the coronavirus when they carry out some governmental requests.
Mar. 19 , 2020
BYD may give consideration to exporting its self-made face masks as the overseas demands are rising with more coronavirus confirmed cases reported outside China, according to a local media, citing Li Wei, with BYD's president's office.
Mar. 18 , 2020
Polestar, an automotive brand jointly owned by Volvo Car Group and its parent company Zhejiang Geely Holding Group (Geely Holding), on March 11 registered a wholly-owned subsidiary in Shanghai.
Mar. 17 , 2020
Great Wall Motor (GWM), China’s biggest SUV and pickup manufacturer, has cut its 2020 sales target to 1.02 million units from 1.11 million as the coronavirus epidemic undermines its outputs and consumers demands.
Mar. 17 , 2020