After eleven months of the year passed, SAIC Motor, the Chinese largest automaker, has not got sales rebound yet. According to the latest sales report, the automaker posted 9.58% and 13.33% year-on-year decline in November and year-to-date sales.
Dec. 9 , 2019
GAC Group reported a year-on-year drop of 4.27% in November wholesale volume, 8.93 percentage points less than the Oct. sales. By the end of November, 2019, the Guangzhou-based automakers had been facing sales downturn for five successive months.
Dec. 9 , 2019
BYD said its oil-fueled vehicle sales in November reached 30,075 units, surging 43.86% compared with a year ago and climbing 5.29% from a year earlier. Nevertheless, total sales still fell 19% year on year due to the 62.69% plunge in its NEV sales.
Dec. 9 , 2019
Toyota Motor Corporation (TMC) said its businesses of China Region and Asia Region have been split in light of the importance of China market and the Asian markets, marking China’s growing significance to the Japanese auto giant.
Dec. 5 , 2019
Great Wall Motor (GWM) said the 10,000th passenger pickup of the new P Series officially rolled off the production line on December 5 at its Chongqing-based smart plant, only three months after the factory started production.
Dec. 5 , 2019
Chery Holding and its subsidiary Chery Automobile Co.,Ltd have successfully got a same controlling shareholder, the private enterprise Qingdao Wudaokou New Energy Industrial Fund.
Dec. 5 , 2019