Market & Industry
SAIC Motor PV sales soar 50% YoY in April
SAIC Motor PV sales soar 50% YoY in April

SAIC Motor boasted a year-on-year sales growth of 13.5% with 569,110 vehicles delivered in April. Meanwhile, the automaker delivered a total of 2,391,530 vehicles in the first four months, up 11% from a year ago, the group announced on May 7.

May 8 , 2018
Geely Auto sees 49% YoY sales leap in April with Lynk & Co 01 sales topping 9,000 units
Geely Auto sees 49% YoY sales leap in April with Lynk & Co 01 sales topping 9,000 units

Geely Auto delivered a total of 128,817 vehicles (including the Lynk & Co) in April, leaping 49% year on year. For the first four months, its cumulative deliveries skyrocketed 41% from a year ago to 515,113 units.

May 7 , 2018
Borgward North American R&D Center founded
Borgward North American R&D Center founded

On May 7, Borgward announced that the Borgward R&D Silicon Valley Inc. has registered and founded successfully, together with a series of personnel appointments.

May 7 , 2018
Li Shufu increases HKD 433 million worth of shares in Geely Auto
Li Shufu increases HKD 433 million worth of shares in Geely Auto

Li Shufu, chairman of Zhejiang Geely Holding Group (Geely Holding), purchased HKD 433 million worth of shares in Geely Auto, Geely Holding’s subsidiary on May 2, according to the Stock Exchange of Hong Kong Limited (SEHK).

May 7 , 2018
FAW-VW posts sales growth of 11.2% year on year in April
FAW-VW posts sales growth of 11.2% year on year in April

FAW-VW posted a YoY sales growth of 11.2% to 163,566 units (including imported Audis) in April, according to FAW-VW. Strikingly, Audi and Volkswagen brands saw two-digit sales growth in April.

May 7 , 2018
Qoros Auto April sales skyrocket 400% year on year
Qoros Auto April sales skyrocket 400% year on year

Qoros Auto handed over 5,355 vehicles last month, skyrocketing 400% year on year. Meanwhile, the automaker also boasted a violent year-on-year sales growth of 288% to 11,371 vehicles for the first four months.

May 7 , 2018