Market & Industry
JAC Motors releases 2020 production and sales plan
JAC Motors releases 2020 production and sales plan

JAC Motors expects the combined production and sales of its complete vehicles and chassis to reach 450,000 to 500,000 in 2020, according to a filing from the company on December 11.

Dec. 11 , 2019
DRiV celebrates opening of Asia headquarters in Shanghai to continue its investment in China
DRiV celebrates opening of Asia headquarters in Shanghai to continue its investment in China

On December 6, DRiV Incorporated celebrated the official opening of its new Asia Pacific headquarters.

Dec. 11 , 2019
Changan Automobile gets first-time YoY growth after 18 successive months
Changan Automobile gets first-time YoY growth after 18 successive months

Chongqing Changan Automobile Co., Ltd (Changan Automobile) said its auto sales in November jumped 12.6% year on year, for the first time showing increase after 18 consecutive months.

Dec. 11 , 2019
SAIC Volkswagen gets sales growth after 14-successive-month downturn
SAIC Volkswagen gets sales growth after 14-successive-month downturn

After eleven months of the year passed, SAIC Motor, the Chinese largest automaker, has not got sales rebound yet. According to the latest sales report, the automaker posted 9.58% and 13.33% year-on-year decline in November and year-to-date sales.

Dec. 9 , 2019
GAC Group clocks drop in Jan.-Nov. wholesale volume, but deliveries rise
GAC Group clocks drop in Jan.-Nov. wholesale volume, but deliveries rise

GAC Group reported a year-on-year drop of 4.27% in November wholesale volume, 8.93 percentage points less than the Oct. sales. By the end of November, 2019, the Guangzhou-based automakers had been facing sales downturn for five successive months.

Dec. 9 , 2019
BYD boasts surge in Nov. oil-fueled vehicle sales, but NEV sales still plunge
BYD boasts surge in Nov. oil-fueled vehicle sales, but NEV sales still plunge

BYD said its oil-fueled vehicle sales in November reached 30,075 units, surging 43.86% compared with a year ago and climbing 5.29% from a year earlier. Nevertheless, total sales still fell 19% year on year due to the 62.69% plunge in its NEV sales.

Dec. 9 , 2019