Market & Industry
FAW Group 2019 auto sales edge up 1.3%, full-year revenue hits RMB620 billion
FAW Group 2019 auto sales edge up 1.3%, full-year revenue hits RMB620 billion

FAW Group sold 3.464 million vehicles through 2019, achieving a growth of 1.3% compared with the year-ago period, and outpacing the overall auto industry by 10 percentage points, the state-owned automaker announced via its WeChat account.

Jan. 6 , 2020
Mazda’s China retail sales in Dec., 2019 jump 19.2% year on year
Mazda’s China retail sales in Dec., 2019 jump 19.2% year on year

Mazda Motor (China) Co., Ltd. said its new car retail sales in December, 2019 reached 24,492 units, of which FAW Mazda and Changan Mazda contributed 10,418 units and 14,074 units respectively.

Jan. 6 , 2020
NIO expected to be champion startup in China by 2019 insurance registration
NIO expected to be champion startup in China by 2019 insurance registration

In November, 2019, 6,369 consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicle (MLI) for EVs made by Chinese startups, versus 6,459 for the month-ago period.

Jan. 5 , 2020
FAW, BST to promote application of self-driving technologies
FAW, BST to promote application of self-driving technologies

FAW Group and Black Sesame Technologies (BST) signed a strategic cooperation agreement in Changchun, Jilin on 30, December to collaborate on autonomous driving chips, visual perception algorithms and data, etc.

Jan. 3 , 2020
BYD, Didi deepen collaboration on ride-hailing services
BYD, Didi deepen collaboration on ride-hailing services

​BYD will strengthen cooperation with Didi Chuxing, the Shenzhen-based automaker said, not for the first time.

Jan. 2 , 2020
FAW-Volkswagen Audi sells 688,888 units in 2019, up 4.2%
FAW-Volkswagen Audi sells 688,888 units in 2019, up 4.2%

The 2019 sales of FAW-Volkswagen Audi rose 4.2% year on year to 688,888 units, marking a new annual sales record.

Jan. 2 , 2020