Last month, Honda delivered a total of 149,863 new vehicles in China, starting its year of 2020 with an evident growth of 9.8%.
Feb. 20 , 2020
In January, automakers in China sold a total of 1,606,668 locally-produced PVs (hereby referring to cars, MPVs, SUVs and minibuses), a year-on-year decrease of 21.6% and a month-on-month drop of 27.3%, according to the CPCA.
Feb. 19 , 2020
On Feb. 18, a "we media" platform exposed via its WeChat account that Geely, China's biggest indigeous automaker, plans to pump $RMB300 million in the EV startup NIO. As of press time, both NIO and Geely declined to comment.
Feb. 18 , 2020
Foshan, a prefecture-level city in central Guangdong Province, has become China’s first city that issued the detailed policy to boost automobile consumption.
Feb. 16 , 2020
NIO will issue and sell convertible notes in an aggregate principal amount of US$100 million to two unaffiliated Asia-based investment funds through private placement.
Feb. 15 , 2020
GAC Group announced it sold 176,271 new vehicles in January, a decrease of 15.94% compared to the same period in 2019.
Feb. 14 , 2020