Market & Industry
Policy for China auto industry's high-quality development to be released, MOFCOM
Policy for China auto industry's high-quality development to be released, MOFCOM

The targeted policies and measures to support a high-quality development of auto industry will be issued in a proper timing, said Ministry of Commerce spokesman Gao Feng on September 5, a significant signal to stimulate the growth of auto market.

Sep. 5 , 2019
CATL to offer cells to Bosch’s 48-volt power battery system
CATL to offer cells to Bosch’s 48-volt power battery system

CATL has forged a long-term strategic partnership with Bosch, one of world’s leading auto parts suppliers to offer its battery cells to the latter’s 48-volt power battery system, the Chinese battery giant announced on September 5.

Sep. 5 , 2019
Mazda sees China retail sales in August slide 20.74% YoY
Mazda sees China retail sales in August slide 20.74% YoY

Mazda Motor (China) Co., Ltd. reported total August retail sales of 17,729 vehicles, a decrease of 20.74% compared to August 2018. Year-to-date sales through August saw a double-digit decline of 25.25%, with 141,125 vehicles sold in China.

Sep. 5 , 2019
Summary of ten Chinese OEMs’ profitability for first-half 2019
Summary of ten Chinese OEMs’ profitability for first-half 2019

Here and now Gasgoo rounded up the revenue and profit reported by the ten OEMs to see who is weaker or stronger during the tough days.

Sep. 3 , 2019
Evergrande attains intellectual property of chassis architecture 3.0 from BENTELER, FEV
Evergrande attains intellectual property of chassis architecture 3.0 from BENTELER, FEV

Evergrande New Energy Automotive Group, the NEV arm of Evergrande Group, fully got the intellectual property of the chassis architecture 3.0 from German’s auto parts suppliers BENTELER and FEV Group.

Sep. 2 , 2019
Trumpchi’s sales decline brings down GAC Group’s first-half revenue
Trumpchi’s sales decline brings down GAC Group’s first-half revenue

GAC Group posted double-digit year-over-year decrease in both first-half revenue and net profit, according to the automaker’s interim report.

Sep. 2 , 2019