Market & Industry
BYD achieves 2020’s first-time YoY sales growth
BYD achieves 2020’s first-time YoY sales growth

BYD Company Limited (BYD) said it sold 31,382 new vehicles in July, which were up by 1.28% compared with the prior-year period. It is noteworthy that the slight growth was the first-time increase BYD gained this year.

Aug. 7 , 2020
SAIC Motor logs bigger YoY sales increase in July
SAIC Motor logs bigger YoY sales increase in July

With 457,558 new vehicles sold, SAIC Motor recorded a 4.04% year-on-year growth in July sales, 1.27 percentage points higher than the increase in June sales, according to the company’s sales report.

Aug. 7 , 2020
Geely Auto boasts 15% robust YoY growth in July sales
Geely Auto boasts 15% robust YoY growth in July sales

Geely Automobile Holdings Limited and its subsidiaries (collectively referred to as the "Group") sold 105,218 new vehicles in July, a year-on-year jump of roughly 15%. However, it posted an approximately 4% decrease from the previous month.

Aug. 7 , 2020
BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models
BAIC BluePark intends to raise up to 5.5 billion yuan for development of ARCFOX premium models

BAIC BluePark intends to raise not more than 5.5 billion yuan ($787,841,450) through a non-public issuance of stocks, some of which are set to be poured in the development of ARCFOX-branded premium vehicle models and relevant network construction.

Aug. 5 , 2020
SAIC Maxus boasts two-digit growth in both July domestic and foreign market sales
SAIC Maxus boasts two-digit growth in both July domestic and foreign market sales

SAIC Maxus Automotive Co., Ltd., an exclusively-invested subsidiary of SAIC Motor, said it sold a total of 11,511 new vehicles in July, which jumped 26.4% from a year earlier.

Aug. 5 , 2020
Chery Holding says domestic, export, NEV businesses all gain sales growth in July
Chery Holding says domestic, export, NEV businesses all gain sales growth in July

Chery Holding obtained a year-on-year sales increase of 14.2% in July by selling 55,922 new vehicles. Notably, its domestic, export and NEV businesses all posted rising performance with their growth standing at 10.37%, 39.7% and 9.8% respectively.

Aug. 5 , 2020