Market & Industry
China’s PV sales in Jan. hit lowest level since 2013
China’s PV sales in Jan. hit lowest level since 2013

China’s vehicle outputs and sales in January 2019 shrank 12.05% and 15.76% year on year (YoY) respectively to 2,365,200 units and 2,367,300 units, according to sales data released by China Association of Automobile Manufactures (CAAM).

Feb. 18 , 2019
China's PV wholesale volume in Jan falls 16.7% over a year ago
China's PV wholesale volume in Jan falls 16.7% over a year ago

According to the CPCA, China's passenger vehicle (PV) retail sales reached 2,161,037 units in January, declining 4.0% over a year ago. Meanwhile, the country's PV wholesale volume also slid 16.7% from the previous year.

Feb. 18 , 2019
BYD gets former Ferrari, Mercedes-Benz designers as head of exterior & interior design
BYD gets former Ferrari, Mercedes-Benz designers as head of exterior & interior design

BYD has recruited two famous designers who had worked for Ferrari and Mercedes-Benz, the Chinese automaker revealed the news by giving a slideshow at a business annual meeting on February 17.

Feb. 18 , 2019
SAIC Motor suffers year-on-year drop of 14.13% in Jan. sales
SAIC Motor suffers year-on-year drop of 14.13% in Jan. sales

SAIC Motor sold 611,502 vehicles last month, suffering an apparent year-on-year drop of 14.13%. It has to be mentioned that the sales number of SAIC GM Wuling Indonesia Co.,Ltd is newly added into the group’s sales report from January 2019.

Feb. 15 , 2019
GAC Group Jan. sales edge down 0.21% YoY, while GAC Toyota gains growth of 74.82%
GAC Group Jan. sales edge down 0.21% YoY, while GAC Toyota gains growth of 74.82%

GAC Group reported that its sales in January edge down 0.21% from the previous year to 209,709 units. GAC Toyota enjoyed a year-on-year (YoY) surge of 74.82% , which is in sharp contrast with GAC Motor’s plunge of 44.64%.

Feb. 15 , 2019
BYD posts YoY surge of 291.11% in Jan. new energy vehicle sales
BYD posts YoY surge of 291.11% in Jan. new energy vehicle sales

BYD Company Limited announced on February 13 that its sales volume in January grew 3.74% from a year earlier to 43,920 units, while tumbled 36.9% compared with a month ago.

Feb. 14 , 2019