Market & Industry
SAIC Motor sees 7.4% YoY sales growth in March
SAIC Motor sees 7.4% YoY sales growth in March

SAIC Motor reported that the group delivered a total of 649,511 vehicles in March, up 7.4% year on year. Besides, the automaker’s cumulative sales in the first three months grew 10% from a year earlier to 1,822,420 vehicles.

Apr. 8 , 2018
Dongfeng Honda CR-V March sales nosedives 93.6% YoY threatened by engine issue
Dongfeng Honda CR-V March sales nosedives 93.6% YoY threatened by engine issue

GAC Honda and Dongfeng Honda posted a total delivery of 97,587 vehicles in March, dropping 13% year on year. Dongfeng Honda suffered a year-on-year delivery decrease of 28.9% to 38,637 units, mainly affected by the declining sales of CR-V.

Apr. 4 , 2018
FAW Car sees YoY net profit rise of 146.49% in 2017
FAW Car sees YoY net profit rise of 146.49% in 2017

FAW Car Co. Ltd. (FAW Car) turned loss into profits with whole sales and profits seeing large growth in 2017, according to FAW Car’s annual financial report.

Apr. 4 , 2018
BAIC Motor 2017 net profit declines 4.7% to RMB 10.998 billion
BAIC Motor 2017 net profit declines 4.7% to RMB 10.998 billion

BAIC Motor Corporation Ltd (BAIC Motor) reported that its annual operation revenue boasted a year-on-year increase of 15.50% to RMB 134.158 billion in 2017, which was mainly driven by the rising income from Beijing Benz.

Apr. 3 , 2018
Dongfeng Nissan posts YoY sales growth of 5% in Q1
Dongfeng Nissan posts YoY sales growth of 5% in Q1

Dongfeng Nissan reported a MoM sales surge of 48.6% to 86,354 units in March. Its cumulative sales in the first quarter reached 242,767 units, up 5% over the previous year, according to Dongfeng Nissan’s latest output and sales report.

Apr. 3 , 2018
Tencent tech equipped driverless vehicle shows up on public roads for first time
Tencent tech equipped driverless vehicle shows up on public roads for first time

At around 10 o’clock a.m. on April 2, Tencent’s driverless prototype vehicle showed up for the first time along the fourth ring road of Beijing.

Apr. 3 , 2018