Market & Industry
Geely said to acquire 15.24% stake in CV maker Hualing Xingma Automobile
Geely said to acquire 15.24% stake in CV maker Hualing Xingma Automobile

Geely, a Chinese highest-profile privately owned automaker, might acquire 15.24% stake in Hualing Xingma Automobile, an Anhui-based commercial vehicle manufacturer listed on Shanghai Stock Exchange, a local media outlet revealed on June 3.

Jun. 3 , 2020
Honda says China auto deliveries edge down 1.7% year on year in May
Honda says China auto deliveries edge down 1.7% year on year in May

Honda announced that its automobile deliveries in China edged down 1.7% from a year ago to 134,230 units in May, while jumped 18.3% compared to April.

Jun. 3 , 2020
FAW’s Mazda business unit formally begins operation
FAW’s Mazda business unit formally begins operation

FAW Group’s independent business unit set for Mazda brand officially started operation on June 1, and it will take over the whole operational businesses of the Sino-Japanese brand from FAW Car Co., Ltd, according to the Chinese state-owned automaker.

Jun. 3 , 2020
Hubei highlights incentives to boost car sales
Hubei highlights incentives to boost car sales

Hubei provincial government has formulated a set of measures in a bid to unleash consumers’ pent-up automobile consumption demands.

Jun. 2 , 2020
Hongqi May sales rocket, with two models to come
Hongqi May sales rocket, with two models to come

Hongqi once again obtained stunning sales growth in May.

Jun. 1 , 2020
Beijing to add 20,000 NEV license plates for car-free families
Beijing to add 20,000 NEV license plates for car-free families

Beijing plans to increase 20,000 NEV (new energy vehicle) license plates at one go in the second half of 2020, which will be all allocated to car-free families, according to a draft regulation released by Beijing Municipal Commission of Transport.

Jun. 1 , 2020