Market & Industry
China’s Yiwu offers subsidy of up to RMB20,000 per car to shore up auto sales
China’s Yiwu offers subsidy of up to RMB20,000 per car to shore up auto sales

Yiwu, recognized as the world's largest small commodities market, has launched incentives to lift automobile sales in order to offset the COVID-19’s impact on local auto market.

May 13 , 2020
Hongqi’s new flagship H9 rolls off production line, to hit the market in June
Hongqi’s new flagship H9 rolls off production line, to hit the market in June

The H9, a brand-new flagship of Hongqi’s H series, has recently rolled off the production line, according to a local media outlet. The new full-sized sedan is now available for presale and will hit the market in June.

May 13 , 2020
FAW-Volkswagen says April deliveries climb 9.9% YoY
FAW-Volkswagen says April deliveries climb 9.9% YoY

FAW-Volkswagen boasts growth in April retail sales compared to both a year ago and a month ago.

May 12 , 2020
Changan partners with healthcare group for healthy vehicles
Changan partners with healthcare group for healthy vehicles

The first batch of the EADO PLUS equipped with this type of filter is expected to capture 97.7% of particles 0.3 μm or larger.

May 11 , 2020
China auto sales show first growth after 21-straight-month YoY decline
China auto sales show first growth after 21-straight-month YoY decline

China auto outputs and sales reached 2.102 million units and 2.07 million units in April, climbing 2.3% and 4.4% over the previous year respectively, according to the China Association of Automobile Manufacturers (CAAM).

May 11 , 2020
China records 5.5% decrease in April homegrown PV retail sales
China records 5.5% decrease in April homegrown PV retail sales

In April, the retail sales of China's locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) reached 1,459,702 units, falling 5.5% year on year, according to the China passenger Car Association (CPCA).

May 11 , 2020