Market & Industry
Chinese automaker Changan sees auto sales jump 32% YoY in April
Chinese automaker Changan sees auto sales jump 32% YoY in April

Chongqing Changan Automobile Co., Ltd. (Changan) achieved a double-digit year-on-year growth in April sales, following three consecutive months of downturn.

May 7 , 2020
Geely Auto boasts 2% year-on-year growth in April sales
Geely Auto boasts 2% year-on-year growth in April sales

Geely Auto attained a year-on-year growth of 2% in April sales.

May 6 , 2020
Lynk & Co’s 05 coupe SUV hit the market with price starting at RMB175,800
Lynk & Co’s 05 coupe SUV hit the market with price starting at RMB175,800

Lynk & Co, a premium car brand jointly built by Geely and Volvo Cars, formally put an all-new coupe SUV—the Lynk & Co 05—onto the market on May 5, said the automaker.

May 6 , 2020
Chinese automaker Changan says first-quarter net profit surges 130.1%
Chinese automaker Changan says first-quarter net profit surges 130.1%

Chinese automaker Chongqing Changan Automobile Co.,Ltd. (Changan) said it gained a net profit of RMB631,077,888.63 attributable to shareholders during the first quarter, a year-on-year surge of 130.1%.

Apr. 30 , 2020
China puts off implementation of China Ⅵ emission standard for light-duty vehicles
China puts off implementation of China Ⅵ emission standard for light-duty vehicles

Chinese policy makers has determined to postpone the implementation of the China Ⅵ emission standard that applies to light-duty vehicles in a bid to ease the pressure on automakers whose sales have been hit hard by the coronavirus outbreak.

Apr. 30 , 2020
SAIC Motor reports first-quarter net profit decline of 86.42%
SAIC Motor reports first-quarter net profit decline of 86.42%

China’s largest automaker, SAIC Motor, announced net profit slump for the first quarter of 2020, according to a report released on April 30.

Apr. 30 , 2020