Market & Industry
Guiyang removes car purchase restriction to boost auto consumption
Guiyang removes car purchase restriction to boost auto consumption

Guiyang, the capital of Guizhou province of Southwest China, has annulled the car purchase restriction as the city looks to boost the sound development of automobile market.

Sep. 16 , 2019
Revealed: how Chinese automakers perform on sales amid prolonged downturn by end-Aug.
Revealed: how Chinese automakers perform on sales amid prolonged downturn by end-Aug.

Gasgoo hereby rounded up sales data given by nine major Chinese automakers. Their sales in August totaled nearly 1.306 million units, accounting for roughly 67% of all auto sales. Only three companies—Dongfeng Motor Group, Great Wall Motors and Chery

Sep. 12 , 2019
China’s homegrown new energy PV sales keep falling in August
China’s homegrown new energy PV sales keep falling in August

Chinese automakers sold roughly 71,000 locally-produced new energy passenger vehicles (NEPVs) in August, a year-on-year decrease of 15.5%, while up by 6% from a month ago, according to the China Passenger Car Association (CPCA).

Sep. 12 , 2019
SAIC Motor’s sales decline for 12 straight months
SAIC Motor’s sales decline for 12 straight months

Chinese biggest automaker SAIC Motor reported a 7.87% year-on-year decrease in August sales, a slower downturn than that of July, but still faced the 12th-month-in-a-row decline.

Sep. 10 , 2019
GAC Group posts 6.78% year-on-year drop in Aug. sales
GAC Group posts 6.78% year-on-year drop in Aug. sales

GAC Group’s auto sales slide 6.78% year on year to 161,774 units in August, the automaker reported on September 9.

Sep. 10 , 2019
Great Wall Motors gains 9.52% year-on-year growth in August sales
Great Wall Motors gains 9.52% year-on-year growth in August sales

Great Wall Motors saw its auto sales in August rise 9.52% to 70,199 units, which made its year-to-date sales total 624,094 units, a year-on-year growth of 5.79%, according to the automaker’s announcement.

Sep. 10 , 2019