Market & Industry
Geely Automobile says sales in Dec. 2019 soar 39.3% over a year ago
Geely Automobile says sales in Dec. 2019 soar 39.3% over a year ago

Geely Automobile Holdings Limited (Geely Auto) said its new car sales surged 39.3% year on year to 130,036 units in December, 2019, making its full-year sales totaled 1,361,560 units.

Jan. 6 , 2020
Great Wall Motor to build BEVs at annual capacity of 100,000 units in Taizhou plant
Great Wall Motor to build BEVs at annual capacity of 100,000 units in Taizhou plant

Great Wall Motor (GWM) plans to manufacture all-electric cars at an industrial park of Taizhou, Jiangsu Province, according to an environmental impact assessment report released by the Department of Ecology and Environment of Jiangsu Province.

Jan. 6 , 2020
Honda achieves all-time high China deliveries in 2019
Honda achieves all-time high China deliveries in 2019

Honda delivered 1,554,433 new vehicles in China throughout 2019, hitting an all-time high in terms of annual sales, according to the Japanese automaker’s China branch.

Jan. 6 , 2020
SAIC MAXUS’s 2019 sales grow over 40% YoY
SAIC MAXUS’s 2019 sales grow over 40% YoY

SAIC MAXUS’s 2019 annual sales jumped 42.85% from the year-ago period to 120,017 units.

Jan. 3 , 2020
Lexus’ annual sales in China over 200,000 units for first time
Lexus’ annual sales in China over 200,000 units for first time

​Toyota’s luxury brand Lexus sold 200,521 vehicles in China in the whole year of 2019, which was a year-on-year sales jump of 25%, according to the brand.

Jan. 3 , 2020
China’s VIA exceeding official warning threshold for 24 straight months
China’s VIA exceeding official warning threshold for 24 straight months

In December, China’s Vehicle Inventory Alert Index (VIA), which measures the inventory level of automobile dealers, stood at 59.0%, dropping 7.1 percentage points from the year-ago period and 3.5 percentage points over the previous month.

Jan. 3 , 2020