Market & Industry
China auto sales jump 11.6% year on year in Aug.
China auto sales jump 11.6% year on year in Aug.

China auto production and sales volumes amounted to 2,119,000 units and 2,186,000 units in August, growing 6.3% and 11.6% year on year, according to the China Association of Automobile Manufacturers (CAAM).

Sep. 10 , 2020
Bright spots of Chinese public automakers’ first half 2020 financial results
Bright spots of Chinese public automakers’ first half 2020 financial results

Under the stagnant market climate, many automakers faced evident decrease in their first-half revenue and net profit, but some bright spots are still worth mentioning.

Sep. 10 , 2020
FAW Group says August vehicle sales jump 14% from a year ago
FAW Group says August vehicle sales jump 14% from a year ago

FAW Group, one of China’s major state-owned automakers, said its vehicle production and sales volumes reached 303,079 units and 314,454 units in August, rising 8.8% and 14% respectively over a year earlier.

Sep. 10 , 2020
China's PV retail sales grow 8.8% year on year in August
China's PV retail sales grow 8.8% year on year in August

For the month of July, around 1.728 million PVs locally produced in China (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers, a year-on-year growth of 8.8%, according to the China Passenger Car Association (CPCA).

Sep. 8 , 2020
Great Wall Motor boasts 27.41% year-on-year surge in Aug. sales
Great Wall Motor boasts 27.41% year-on-year surge in Aug. sales

Great Wall Motor (GWM)’s new vehicle sales reached 89,442 units in August, surging 27.41% year on year and jumping 14.17% month on month, according to GWM’s latest sales report.

Sep. 8 , 2020
BYD logs 2.4% YoY increase in Aug. sales, but NEV sales still fall 8.59%
BYD logs 2.4% YoY increase in Aug. sales, but NEV sales still fall 8.59%

In August, BYD sustained an upward momentum with its vehicle sales climbing 2.4% year on year to 36,872 units, according to an announcement BYD Company Limited released on September 7.

Sep. 8 , 2020