News
China’s PV sales likely to rebound by 4.6% in 2021: Gasgoo
China’s PV sales likely to rebound by 4.6% in 2021: Gasgoo

China’s PV sales are expected to fall by 8% this year and grow by 4.6% next year, Roy Lu, director of Gasgoo Auto Research Institute (GARI), said at the 2020 Annual Global Auto Industry Summit held by Gasgoo.

Nov. 9 , 2020
GAC Group sales up by 21.53% in October
GAC Group sales up by 21.53% in October

As of October, the group has achieved 76.27% of its annual sales target.

Nov. 9 , 2020
SAIC Motor records fifth-consecutive-month YoY growth in Oct. 2020
SAIC Motor records fifth-consecutive-month YoY growth in Oct. 2020

SAIC Motor gained a 9.61% year-on-year growth in October with 596,719 new vehicles sold. Thanks to the fifth-consecutive-month increase, the decrease in year-to-date sales shrank to 15.09%.

Nov. 9 , 2020
Nissan says China sales grow 5% YoY in Oct.
Nissan says China sales grow 5% YoY in Oct.

Nissan's China sales climbed 5% year on year to 146,028 units (including imported vehicles) in October, the Japanese automaker announced on November 5.

Nov. 6 , 2020
Baoneng Motor to kick off production at self-built vehicle plant in Xi’an
Baoneng Motor to kick off production at self-built vehicle plant in Xi’an

Baoneng Motor, the automotive unit of Chinese property conglomerate Baoneng Group, will soon start production at its smart vehicle plant in Xi’an, the capital of Shaanxi Province, the company announced on Nov. 5.

Nov. 5 , 2020
FAW inks MoU with Volkswagen Group for import of CKDs, complete vehicles
FAW inks MoU with Volkswagen Group for import of CKDs, complete vehicles

At the 3rd China International Import Expo (CIIE), China FAW Group, the Changanchun-based state-owned automaker, signed a memorandum of understanding (MoU) about import business with German auto giant Volkswagen Group.

Nov. 5 , 2020