Market & Industry
Mazda sees Q1 sales in China slump 32.26% year on year
Mazda sees Q1 sales in China slump 32.26% year on year

Mazda Motor (China) Co., Ltd. reported on April 3 that its retail sales in March dropped 22.8% over the year-ago period to 18,078 units.

Apr. 8 , 2019
Former Borgward’s CEO Yang Song joins Ford China as President of NDSD
Former Borgward’s CEO Yang Song joins Ford China as President of NDSD

Ford China announced on April 8 that Yang Song, former CEO of Borgward Group AG, officially joins Ford China’s leadership team as President of National Distribution Service Division (NDSD), effective immediately.

Apr. 8 , 2019
Teaser photo of FF V9 concept exposed
Teaser photo of FF V9 concept exposed

Jia Yueting, global CEO and the co-founder of the EV startup Faraday Future (FF), exposed on its LinkedIn account a teaser photo of a new EV concept model dubbed V9.

Apr. 4 , 2019
Chery Holding Q1 sales total 161,929 units
Chery Holding Q1 sales total 161,929 units

Chery Holding reports on April 2 that it sold a total of 161,929 vehicles for the first quarter of the year.

Apr. 2 , 2019
SAIC Motor sees 4.65% year-on-year growth in 2018 net profit
SAIC Motor sees 4.65% year-on-year growth in 2018 net profit

SAIC Motor announced its 2018 annual performance on April 1, saying its full-year revenue grew 3.62% year on year to RMB902.19 billion and the net profit attributable to shareholders of the company climbed 4.65% to over 36 billion.

Apr. 2 , 2019
GAC Group posts 1.13% year-on-year growth in 2018 revenue
GAC Group posts 1.13% year-on-year growth in 2018 revenue

GAC Group announced on March 29 that its full-year consolidated revenue in 2018 edged up 1.13% year on year to around RMB72.38 billion and its net profit attributable to shareholders of parent company slightly climb 1.08% over the previous year to RM

Apr. 1 , 2019