Market & Industry
Changan says auto sales in Jan. fall 4.6% YoY
Changan says auto sales in Jan. fall 4.6% YoY

Chongqing Changan Automobile Co., Ltd (Changan) announced it sold 134,578 new vehicles in January, a year-on-year downward movement of 4.6%, versus the estimated 18% decrease for overall auto industry.

Feb. 17 , 2020
Great Wall Motor, General Motors sign agreement for purchase of GM Thailand Rayong Manufacturing facility
Great Wall Motor, General Motors sign agreement for purchase of GM Thailand Rayong Manufacturing facility

Great Wall Motors (GWM) and General Motors (GM) today announced an agreement for the sale of GM Thailand’s manufacturing facilities in Rayong, subject to government and regulatory approvals.

Feb. 17 , 2020
Foshan offers subsidy of RMB2,000-5,000 per vehicle to new car buyers
Foshan offers subsidy of RMB2,000-5,000 per vehicle to new car buyers

Foshan, a prefecture-level city in central Guangdong Province, has become China’s first city that issued the detailed policy to boost automobile consumption.

Feb. 16 , 2020
Automaker SAIC-GM-Wuling rolls out first self-made face masks
Automaker SAIC-GM-Wuling rolls out first self-made face masks

SAIC-GM-Wuling Automobile Co.,Ltd. (SGMW), a joint venture formed by General Motors and two Chinese partners, announced on Feb. 13 its first batch of home-made face masks has rolled off the production line.

Feb. 14 , 2020
China posts 21.6% drop in Jan. homegrown PV sales
China posts 21.6% drop in Jan. homegrown PV sales

Automakers in China sold a total of 1,606,668 locally-produced PVs in Jan. 2020.

Feb. 13 , 2020
Geely Auto's new vehicle sales total 111,838 units in Jan.,market share hits new high
Geely Auto's new vehicle sales total 111,838 units in Jan.,market share hits new high

Geely Auto announced its auto sales volume (including the sales of Lynk & Co brand) reached 111,838 units, slumping 29% year on year.

Feb. 13 , 2020