News
Volkswagen Group China Remains Optimistic Due To Ongoing Recovery in Q3
Volkswagen Group China Remains Optimistic Due To Ongoing Recovery in Q3

Volkswagen Group together with its Chinese joint ventures delivered 2.66 million (-10%) vehicles in the Chinese mainland and Hong Kong, including around 117,200 imported vehicles.

Oct. 20 , 2020
Evergrande Auto launches pre-listing tutoring process
Evergrande Auto launches pre-listing tutoring process

China Evergrande New Energy Vehicle Group Limited (Evergrande Auto) has entered into a pre-listing tutoring agreement with Haitong Securities Co., Ltd.

Oct. 20 , 2020
MBtech bowing out of BAIC MBtech won’t affect BAIC-Daimler partnership
MBtech bowing out of BAIC MBtech won’t affect BAIC-Daimler partnership

The long-term partnership between BAIC Group and Daimler and the technology cooperation among BAIC Group, BAIC Motor and Daimler will not be affected by the change in BAIC MBtech Development Center Co.,Ltd. (BAIC MBtech)’s equity structure.

Oct. 19 , 2020
Four major Japanese automakers all earn YoY sales growth for China market in Sept.
Four major Japanese automakers all earn YoY sales growth for China market in Sept.

In September, the traditional selling season in China for car shopping, four major Japanese automakers all gained sales growth compared to the same period a year ago.

Oct. 18 , 2020
Shouqi-backed car sharing platform GoFun bags over 100mln yuan in series B round
Shouqi-backed car sharing platform GoFun bags over 100mln yuan in series B round

GoFun, a car sharing platform endorsed by stated-owned Shouqi Group, has closed its series B financing with several hundred million yuan raised, according to a local media outlet.

Oct. 16 , 2020
Ford China posts largest YoY sales increase since 2016
Ford China posts largest YoY sales increase since 2016

Ford and its joint ventures, Changan Ford, JMC and Ford Lio-Ho, sold 164,352 vehicles in Greater China in the third quarter.

Oct. 16 , 2020