Market & Industry
Top 10 car, SUV models in China by October wholesale volume
Top 10 car, SUV models in China by October wholesale volume

According to the China Passenger Car Association (CPCA), the PV wholesale volume in China evidently dropped 12.7% over a year ago to 2,019,493 units in October, presenting year-on-year (YoY) drop for four consecutive months.

Nov. 12 , 2018
Changan Automobile posts YoY drop for six straight months
Changan Automobile posts YoY drop for six straight months

Changan Automobile said that its Oct. sales plunged 35.2% over a year ago to 170,575 units, the sixth straight month facing year-on-year (YoY) drop. For the first ten months, the automaker delivered 1,818,191 vehicles in total.

Nov. 12 , 2018
China’s YTD vehicle outputs, sales by Oct. post YoY drop for the first time in 2018
China’s YTD vehicle outputs, sales by Oct. post YoY drop for the first time in 2018

China’s vehicle outputs and sales in October reached 2.334 million units and 2.38 million units respectively, edging down 0.9% and 0.6% over the previous month, while evidently dropping 10.1% and 11.7% from a year ago, according to CAAM.

Nov. 9 , 2018
Summary of Chinese automakers profit performance from Q1 to Q3
Summary of Chinese automakers profit performance from Q1 to Q3

For the first nine months, SAIC Motor remained the leadership with its net profits rising 12.31% to RMB27.672 billion. Aside from Changan Automobile and FAW Car, the other automakers on the list all accomplished positive YoY increase in net profits.

Nov. 9 , 2018
GAC Group Jan-Oct sales up by 6.99% year on year
GAC Group Jan-Oct sales up by 6.99% year on year

GAC Group announced that its sales in October reached 181,601 units with an apparent year-on-year (YoY) growth of 13.24% and the Jan-Oct sales climbed 6.99% from a year ago to 1,757,068 units.

Nov. 8 , 2018
Great Wall Motor Jan-Oct sales down by 3.29% with 67.92% of sales target completed
Great Wall Motor Jan-Oct sales down by 3.29% with 67.92% of sales target completed

Great Wall Motor posted a year-on-year (YoY) sales growth of 1.93% with 110,088 vehicles delivered in October. However, its Jan-Oct sales fell 3.29% from a year earlier to 786,756 units among which the sales of Haval and WEY brands.

Nov. 8 , 2018