Market & Industry
Honda maintains growth in China deliveries as of November
Honda maintains growth in China deliveries as of November

Honda delivered 140,316 new vehicles in China last month with a year-on-year growth of 2.6%, the Japanese automaker’s China branch announced on December 4, boasting the 9th-month-in-a-row growth as of November, 2019.

Dec. 4 , 2019
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou

Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), today unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019.

Dec. 4 , 2019
China’s auto sales likely to fall 10% in 2019, CAAM
China’s auto sales likely to fall 10% in 2019, CAAM

Yao Jie, vice secretary general of the China Association of Automobile Manufacturers (CAAM), expected China’s automobile sales in 2019 to decline around 10% amid the downturn trend since July, 2018.

Dec. 3 , 2019
China to introduce 27 new imported models from Q4, 2019 to end-2020
China to introduce 27 new imported models from Q4, 2019 to end-2020

From the fourth quarter to the end of 2020, there will be 27 new imported models launched to China’s market, the lowest figure for the recent seven years, according to a report released by Sinomach Automobile Co.,Ltd on November 30.

Dec. 2 , 2019
Beijing Benz offers seven-seater SUV GLB priced from 314,800 yuan
Beijing Benz offers seven-seater SUV GLB priced from 314,800 yuan

Beijing Benz, a Sino-German joint venture, launched the GLB—its seven-seater compact SUV—available with three variants with the guiding price between 314,800 and 354,800 yuan ($44,783-50,473).

Dec. 2 , 2019
Toyota launches mobility service subsidiary in China’s Hainan
Toyota launches mobility service subsidiary in China’s Hainan

Toyota Motor (China) Investment Co., Ltd. (TMCI) formally announced on November 27 the launch of its travelling subsidiary in Hainan, which would focus on offering high-quality mobility services to the southernmost province of Mainland China.

Dec. 2 , 2019