Market & Industry
Geely Auto opens 149 4S dealerships, involving RMB 1 billion investments
Geely Auto opens 149 4S dealerships, involving RMB 1 billion investments

On August 5, Geely Auto announced the opening of 149 new 4S dealerships in Jiangxi Province. At the same time, the automaker said that the Geely Binrui is priced between RMB 90,800 and RMB 118,800 for presale.

Aug. 6 , 2018
SAIC Motor YTD sales top 4 million units by the end of July
SAIC Motor YTD sales top 4 million units by the end of July

SAIC Motor posted a year-on-year sales growth of 6.4% with 483,726 vehicles delivered in July. Meanwhile, the automaker Jan-to-July sales amounted to 4,003,744 units, climbing 10.3% compared with the same period in previous year.

Aug. 6 , 2018
Chinese auto manufacturing industry gains net profit growth of 4.9% in H1
Chinese auto manufacturing industry gains net profit growth of 4.9% in H1

The National Bureau of Statistics revealed that Chinese auto manufacturing industry gained net profit of RMB 335.99 billion during the first half of 2018, representing a year-on-year growth of 4.9%.

Aug. 6 , 2018
H1 Financial forecasts of major Chinese automakers
H1 Financial forecasts of major Chinese automakers

By far, a slew of Chinese automakers had released their H1 financial forecasts successively, including Geely, Changan Automobile and JAC. This article rounds up the detailed information of these automakers financial forecasts.

Aug. 3 , 2018
Honda China sales drop 7.8% year on year in July, while CR-V sales surge 160.3%
Honda China sales drop 7.8% year on year in July, while CR-V sales surge 160.3%

Honda Motor's China sales declined 7.8% in July over the previous year to 105,960 units, according to the sales data released by Honda China.

Aug. 3 , 2018
SAIC Motor endeavors to expand autonomous driving business on all fronts
SAIC Motor endeavors to expand autonomous driving business on all fronts

As one of the biggest OEMs in China, SAIC Motor has been closely partnering with its technology partners to make sure it will keep its leading position in autonomous driving domain.

Aug. 3 , 2018