Market & Industry
Porsche with new peak in deliveries
Porsche with new peak in deliveries

A strong year for the Stuttgart-based sports car manufacturer: Porsche AG delivered 256,255 vehicles worldwide in 2018 – more than ever before.

Jan. 10 , 2019
Roundup of “marriages” between CATL and China’s OEMs
Roundup of “marriages” between CATL and China’s OEMs

Aside from Geely, CATL also agreed cooperation agreements with other automakers like SAIC Motor, Dongfeng Motor, GAC Group and Jiangling Motors, etc., making it the China-based power battery maker who has most joint ventures with OEMs.

Jan. 10 , 2019
Two Geely Holding’s subsidiaries recall 89,657 vehicles for fuel pump issue
Two Geely Holding’s subsidiaries recall 89,657 vehicles for fuel pump issue

Zhejiang Haoqing Automobile Manufacturing Co., Ltd. and Zhejiang Geely Automobile Company Limited have registered vehicle recall plans to China’s State Administration for Market Regulation (SAMR), involving 89,657 vehicles in total.

Jan. 10 , 2019
Chery vehicle sales hit record high of 752,759 units in 2018
Chery vehicle sales hit record high of 752,759 units in 2018

Chery Holding announced that its vehicle sales hit a record high of 752,759 units in 2018, rising 11% from the previous year.

Jan. 9 , 2019
Valeo joins Meituan Autonomous Delivery open platform
Valeo joins Meituan Autonomous Delivery open platform

Valeo today announced that it has entered into strategic cooperation in the field of last mile Autonomous Delivery with Meituan, China’s leading e-commerce platform for services as well as the largest on-demand food delivery platform in China.

Jan. 9 , 2019
Great Wall Motor 2018 sales edge down 1.6% year on year
Great Wall Motor 2018 sales edge down 1.6% year on year

Chinese automaker Great Wall Motor (GWM) saw its annual sales in 2018 edge down 1.6% to 1,053,039 units. However, the automaker achieved a year-on-year (YoY) growth of 6.54% with 133,794 vehicles delivered.

Jan. 8 , 2019