Market & Industry
Daimler Mobility Services, Geely Group Company announce premium ride-hailing JV in China
Daimler Mobility Services, Geely Group Company announce premium ride-hailing JV in China

Shanghai (Gasgoo)- Daimler Mobility Services GmbH and Geely Group Company, Zhejiang Geely Holding Group’s new business subsidiary, announced on October 24 that they will build a joint venture in China to provide premium ride-hailing services.

Oct. 24 , 2018
Leapmotor to roll out 3 new models over next 3 years
Leapmotor to roll out 3 new models over next 3 years

Chinese EV startup Leapmotor plans to roll out 3 new models over the next three years, including the LP-S01, the LP-T03 and the LP-C11, based on the S, T and C vehicle platform respectively, according to local media.

Oct. 24 , 2018
Geely second MPV model spied on the road, code-named VF12
Geely second MPV model spied on the road, code-named VF12

The Geely’s new MPV model, code-named VF12, was spied on the road in recent days. It is expected to help Geely enlarge its MPV lineup following the Jiaji, the automaker’s first MPV model announced earlier this month.

Oct. 24 , 2018
Breakdown of Chinese automakers sales in September
Breakdown of Chinese automakers sales in September

Gasgoo hereby summarized the sales data released by corresponding automakers. Five out of 10 Chinese automakers on the table suffered YoY sales drop in September. SAIC Motor encountered its first YoY decrease in monthly sales so far this year.

Oct. 23 , 2018
BAIC Motor net profits attributable to parent owners skyrocket 93.32% for first three quarters
BAIC Motor net profits attributable to parent owners skyrocket 93.32% for first three quarters

For the first nine months, BAIC Motor’s operating profits jumped 32.69% over a year ago to RMB17.019 billion and its net profits attributable to shareholders amounted to RMB3.806 billion, strikingly surging 93.32% from a year earlier.

Oct. 23 , 2018
FAW-Volkswagen TAYRON goes on sale, priced between RMB188,800 and 319,800
FAW-Volkswagen TAYRON goes on sale, priced between RMB188,800 and 319,800

FAW-Volkswagen’s second SUV model dubbed the TAYRON (Chinese name, Tanyue) hit the market on October 22. Based on Volkswagen’s MQB A2 vehicle platform, the new SUV model offers 10 variants with prices ranging from RMB 188,800 to RMB319,800.

Oct. 23 , 2018