Market & Industry
Honda China car sales drop for five months in a row
Honda China car sales drop for five months in a row

Honda Motor’s China sales declined 6% in June over the previous year to 107,985 units, according to the sales data released by Honda China.

Jul. 5 , 2018
SAIC Group posts YoY sales growth of 10.88% to over 3.5 million vehicles in H1
SAIC Group posts YoY sales growth of 10.88% to over 3.5 million vehicles in H1

SAIC Group achieved a 10.88% YoY increase to 3,520,018 units in the first half of 2018. The group’s June sales reached 554,058 units, edging up 7.2% from a year ago.

Jul. 5 , 2018
Changan Automobile, Huawei join forces to develop IoV platform
Changan Automobile, Huawei join forces to develop IoV platform

Changan Automobile and Huawei inked a strategic cooperation agreement to build a joint innovation center focusing on building an IoV platform.

Jul. 5 , 2018
Mazda China sales reach new high in first half of 2018 to 145,842 units
Mazda China sales reach new high in first half of 2018 to 145,842 units

Japanese automaker Mazda's China vehicle sales in the first half of 2018 set a new high of 145,842 units with a year-on-year growth of 7.6%, according to Mazda Motor (China) Co., Ltd.

Jul. 4 , 2018
Corun to buyout Geely’s capital in ChinaHybrid System Co.,Ltd
Corun to buyout Geely’s capital in ChinaHybrid System Co.,Ltd

Hunan Corun New Energy Co.,Ltd announced on July 2 that the company plans to acquire 9.9% stake in ChinaHybrid System Co., Ltd held by Zhejiang Geely Holding Group (Geely Holding) and 27.07% stake in CHS Company owned by Shanghai Maple Automobile.

Jul. 3 , 2018
GAC Toyota to add RMB 2.45 billion to enlarge capacity, introduce new SUV model
GAC Toyota to add RMB 2.45 billion to enlarge capacity, introduce new SUV model

Chinese automaker GAC Group has agreed a project that allows GAC Toyota to expand its production capacity and introduce more models, the group announced on July 2.

Jul. 3 , 2018