Market & Industry
Great Wall’s P-series passenger pickup to roll off production line soon
Great Wall’s P-series passenger pickup to roll off production line soon

GWM’s new P Series passenger pickup will roll off the production line at the plant in Yongchuan, Chongqing on August 30, the automaker said via its WeChat account, adding that the Yongchuan plant will be completed in the meantime.

Aug. 29 , 2019
Summary: premium auto brands’ sales in China for July 2019
Summary: premium auto brands’ sales in China for July 2019

Gasgoo compiled the sales data offered by eight mainstream premium vehicle manufacturers. All of them accomplished year-on-year growth in July sales. Except Jaguar Land Rover, the other seven all posted increase in year-to-date sales.

Aug. 29 , 2019
Evergrande’s NEV brand name first seen at a football match
Evergrande’s NEV brand name first seen at a football match

China Evergrande Group, the Chinese property giant which is also famous for its crossover car building moves, unveiled its NEV brand name on August 28 at the AFC Champions League quarter-final.

Aug. 29 , 2019
Auto purchase restriction likely to be relaxed in China to boost consumption
Auto purchase restriction likely to be relaxed in China to boost consumption

China encourages local governments of regions where the automobile purchase restriction policy has been implemented to gradually relax or cancel the specific measures of buying limitation, the State Council’s General Office said.

Aug. 27 , 2019
Great Wall Motors posts profit slump amid continuous market gloom
Great Wall Motors posts profit slump amid continuous market gloom

Great Wall Motors (GWM), China’s biggest SUV manufacturer, reported a 58.95% year-on-year slump in first-half net profit attributable to the company’s shareholders after offering discounts, intensifying brand promotion and increasing R&D cost.

Aug. 27 , 2019
Data Talk: North American PV brands take a hit in China
Data Talk: North American PV brands take a hit in China

Considering the current performance and near-future product planning, the Gasgoo Auto Research Institute (GARI) forecasts a 17% year-on-year decline in full-year sales of NA PVs in 2019.

Aug. 26 , 2019