Market & Industry
Faurecia’s China automotive seating R&D center starts operation
Faurecia’s China automotive seating R&D center starts operation

On March 6, Faurecia announced that its China-based automotive seating R&D and test center and the seating electromechanical manufacturing base located in Wuxi, Jiangsu Province have been officially completed and put into operation.

Mar. 7 , 2019
Geely Auto’s Jan.-Feb. sales represent 8.8% YoY drop
Geely Auto’s Jan.-Feb. sales represent 8.8% YoY drop

Geely Auto reported on March 6 that its sales for the first two months of 2019 reached 241,945 units, dropping 8.8% compared with 265,332 units delivered in the same period a year ago.

Mar. 7 , 2019
NIO to start delivery of ES8 6-seater version on March 19
NIO to start delivery of ES8 6-seater version on March 19

China-based EV startup NIO will start to hand over the ES8 6-seater version on March 19, 2018 with a pre-subsidy price of RMB456,000, said Li Bin, founder and chairman of the EV maker.

Mar. 6 , 2019
Gasgoo welcomes cooperation around the world
Gasgoo welcomes cooperation around the world

Gasgoo International, a Shanghai-based service platform for auto industry, is now seeking cooperation with media and companies in auto industry around the world.

Mar. 5 , 2019
Honda posts 4.5% YoY growth in Jan.-Feb. China deliveries
Honda posts 4.5% YoY growth in Jan.-Feb. China deliveries

Honda announced that its China’s deliveries in February edge down 1.5% YoY to 75,907 units. GAC Honda delivered 40,508 vehicles with a drop of 4.2%, while Dongfeng Honda gained a slight growth of 1.8% with its sales amounting to 35,399 units.

Mar. 5 , 2019
BYD, Daimler increase DENZA's registered capital for the third time
BYD, Daimler increase DENZA's registered capital for the third time

Registered capital of Shenzhen DENZA New Energy Automotive Co., Ltd. (DENZA), a joint venture between BYD and Daimler, has been increased to RMB4.56 billion from RMB4.16 billion, according to data from business information platform Qixinbao.

Mar. 5 , 2019