Market & Industry
Geely Auto gains 20% year-on-year sales growth in May
Geely Auto gains 20% year-on-year sales growth in May

Geely Automobile Holding Limited (Geely Auto) and its subsidiaries sold a total of 108,822 new vehicles, an year-on-year increase of roughly 20% and a month-on-month growth of 3%.

Jun. 5 , 2020
Changan to name new Chairman
Changan to name new Chairman

Zhang Baolin, deputy general manager of China South Industries Group Corporation (CSGC) and chairman of Chongqing Changan Automobile Corp (Changan Automobile) (000625), has left the border and the company due to work-related changes, Changan Automobile announced on June 5.

Jun. 5 , 2020
Registered capital of NIO China’s legal entity leap to 3.85 billon yuan
Registered capital of NIO China’s legal entity leap to 3.85 billon yuan

The registered capital of NIO (Anhui) Holding Co.,Ltd., the legal entity of NIO China, has increased to 3.851 billion yuan ($540.605 million) from 11 million yuan ($1,544,184), and has introduced one more shareholder.

Jun. 4 , 2020
Lincoln’s China sales jump 22% in May after China-built SUV hits the market
Lincoln’s China sales jump 22% in May after China-built SUV hits the market

Lincoln saw its China sales in May exceeded 5,000 units, which soared 39% month on month and jumped 22% year on year, the Ford-owned premium car brand announced earlier this week.

Jun. 4 , 2020
Changan, FAW, Dongfeng set up new company
Changan, FAW, Dongfeng set up new company

A new company has been recently established with a registered capital of 16 billion yuan by five shareholders.

Jun. 4 , 2020