SAIC-GM-Wuling Automobile Co.,Ltd. (SGMW), a joint venture formed by General Motors and two Chinese partners, announced on Feb. 13 its first batch of home-made face masks has rolled off the production line.
Feb. 14 , 2020
Automakers in China sold a total of 1,606,668 locally-produced PVs in Jan. 2020.
Feb. 13 , 2020
Geely Auto announced its auto sales volume (including the sales of Lynk & Co brand) reached 111,838 units, slumping 29% year on year.
Feb. 13 , 2020
Great Wall Motor (GWM), China’s largest SUV and pickup manufacturer, reported a 28.16% year-on-year drop in its Jan. new vehicle sales. Meanwhile, the outputs for the month also slumped 31.79%.
Feb. 13 , 2020
To grab more market shares in China, Tesla might seek to lower its prices. Thus, the EV maker needs to work more closely with China’s local suppliers, replacing the imported parts with homegrown ones.
Feb. 12 , 2020
HOZON Auto recently stated it has received a credit line worth RMB120 million from Shanghai Guojin Financial Leasing Co.,Ltd. (Guojing) by mortgaging the RMB42.66 million worth of facilities to the latter in January.
Feb. 12 , 2020