Market & Industry
China’s vehicle sales in April, 2019 drop 14.61% year on year, CAAM
China’s vehicle sales in April, 2019 drop 14.61% year on year, CAAM

China’s vehicle outputs and sales in April reached 2.052 million units and 1.9805 million units, declining 14.45% and 14.61% year on year respectively, according to the China Association of Automobile Manufacturers (CAAM).

May 13 , 2019
China’s VIA exceeds warning threshold for 16th month in a row
China’s VIA exceeds warning threshold for 16th month in a row

According to the China Automobile Dealers Association (CADA), the Vehicle Inventory Alert Index (VIA) in April, 2019 was 61%, climbing 6.47 percentage points over a year ago, while also rising 5.7 percentage points from the previous month.

May 13 , 2019
Geely Auto New Flagship CMA-based Coupe SUV Launched
Geely Auto New Flagship CMA-based Coupe SUV Launched

10 May 2019, Hangzhou Bay, Ningbo. Geely Auto’s highly anticipated sports Coupe SUV, Xing Yue, officially launched at Geely Auto’s first production facility dedicated to producing Compact Modular Architecture (CMA) based vehicles.

May 13 , 2019
BYD’s April sales edge up 1.27% despite fuel-burning sales plunge
BYD’s April sales edge up 1.27% despite fuel-burning sales plunge

BYD Company Limited (BYD) reported that its April sales in 2019 slightly rose 1.27% over the year-ago period to 37,839 units. However, compared with the sales in March, it faced a double-digit dip of 19.19%.

May 10 , 2019
Great Wall Motor’s Jan.-Apr. sales in 2019 climb 8.65% from a year ago
Great Wall Motor’s Jan.-Apr. sales in 2019 climb 8.65% from a year ago

Great Wall Motor has sold 367,680 vehicles in total for the first four months of the year, up by 8.65% compared with the year-ago period, the automaker announced on May 9.

May 10 , 2019
SAIC Motor's Jan.-Apr. sales in 2019 drop 16.8%
SAIC Motor's Jan.-Apr. sales in 2019 drop 16.8%

SAIC Motor sold 456,826 vehicles in April, suffering a double-digit decrease of 19.73%, the automaker announced on May 7. This was the eighth month in a row recording year-on-year negative growth.

May 9 , 2019