China auto production and sales volumes amounted to 2,119,000 units and 2,186,000 units in August, growing 6.3% and 11.6% year on year, according to the China Association of Automobile Manufacturers (CAAM).
Sep. 10 , 2020
Under the stagnant market climate, many automakers faced evident decrease in their first-half revenue and net profit, but some bright spots are still worth mentioning.
Sep. 10 , 2020
FAW Group, one of China’s major state-owned automakers, said its vehicle production and sales volumes reached 303,079 units and 314,454 units in August, rising 8.8% and 14% respectively over a year earlier.
Sep. 10 , 2020
Changan Automobile scored a 35.63% year-on-year surge last month by selling 169,415 vehicles, according to the company’s sales report. As of August, the Chongqing-based automaker had posted double-digit sales growth for the fifth month in a row.
Sep. 9 , 2020
For the month of July, around 1.728 million PVs locally produced in China (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers, a year-on-year growth of 8.8%, according to the China Passenger Car Association (CPCA).
Sep. 8 , 2020
NIO and the government of Hefei in the eastern Anhui province, the startup’s major new backer, attempt to jointly build a total of 40 battery swapping stations in 2020 and 2021, according to a local media report.
Sep. 8 , 2020