Market & Industry
BYD’s sales for first two months climb 3.12% year on year
BYD’s sales for first two months climb 3.12% year on year

China’s automaker BYD reported that its Jan.-Feb. sales in 2019 totaled 70,753 units, edging up 3.12% year on year. Of that, the Feb. sales were 26,833 units, only 560 units more than that of a year ago.

Mar. 8 , 2019
Great Wall Motor boasts 18.34% YoY growth in Feb. sales
Great Wall Motor boasts 18.34% YoY growth in Feb. sales

Great Wall Motor (GWM) saw its cumulative sales in 2019 climb 7.35% over the previous year to 180,752 units and Jan.-Feb. export volume total 6,696 units with a year-on-year (YoY) growth of 13.86%, the automaker announced on March 7.

Mar. 8 , 2019
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
Mazda’s China sales from Jan. to Feb. plunge 36.4% year on year
Mazda’s China sales from Jan. to Feb. plunge 36.4% year on year

Japanese automaker Mazda sold 34,388 vehicles in China during the first two months of the year, posting an evident year-on-year drop of 36.4%, Mazda Motor (China) Co., Ltd. announced on March 5.

Mar. 6 , 2019
EV startup NIO to terminate plan for Shanghai manufacturing plant
EV startup NIO to terminate plan for Shanghai manufacturing plant

China-based EV startups NIO announced its unaudited financial results for 2018, saying it posts an annual operating loss of RMB9.596 billion, 93.7% more than that of a year ago. Meanwhile, its full-year revenues totaled RMB4.9512 billion.

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