Market & Industry
Geely Auto sees April sales slide 19.34% from a year ago
Geely Auto sees April sales slide 19.34% from a year ago

Geely Auto saw its April sales decline 19.34% year on year to 103,908 units, according to its official WeChat account.

May 8 , 2019
Summary of 8 major China-based automakers’ profitability in Q1, 2019
Summary of 8 major China-based automakers’ profitability in Q1, 2019

The continuous year-on-year sales downturn also reflected on the financial performance for automaker in this country. Gasgoo found out that most of them recorded double-digit decrease in Q1 net profit attributable to shareholders.

May 8 , 2019
Mazda’s China retail sales in April slump 31.2% from the previous year
Mazda’s China retail sales in April slump 31.2% from the previous year

Mazda faced a substantial year-on-year drop of 31.2% in April retail sales for its Chinese market. Last month, it delivered 16,919 vehicles in this country, the Japanese automaker announced on May 7.

May 8 , 2019
BAIC Motor gains 17.45% year on year growth in Q1 operating income
BAIC Motor gains 17.45% year on year growth in Q1 operating income

BAIC Motor Corporation Limited (BAIC Motor) said on April 30 that its operating income for the first quarter totaled RMB46.752 billion, growing 17.45% compared with RMB39.806 billion a year earlier.

May 7 , 2019
Geely-backed Proton gains 50.7% year-on-year surge in Jan.-Apr. sales
Geely-backed Proton gains 50.7% year-on-year surge in Jan.-Apr. sales

Proton, a Malaysia’s national carmaker backed by Geely Holding Group, sold 7,011 new vehicles in April, gaining a year-on-year surge of 73.5% and a month-on-month jump of 14.1%, according to a press release from Geely’s official WeChat account.

May 6 , 2019
China announces 10 cities/provinces for pre-owned car export pilot program
China announces 10 cities/provinces for pre-owned car export pilot program

China’s authority announced on May 5 the first batch of cities/provinces that are allowed to conduct the pilot program of exporting pre-owned cars.

May 6 , 2019