News
GAC Group’s March sales decline 39.55% from a year ago
GAC Group’s March sales decline 39.55% from a year ago

In March, GAC Group clocked a year-on-year sales drop of 39.55%, but saw a significant rebound compared to the previous month.

Apr. 13 , 2020
Chongqing Changan Automobile records 32.1% year-on-year drop in Q1 sales
Chongqing Changan Automobile records 32.1% year-on-year drop in Q1 sales

Chongqing Changan Automobile Co., Ltd. (Changan) announced that its March sales slid 28.7% over a year ago to 139,737 units.

Apr. 13 , 2020
GAC NIO's HYCAN 007 hits the market with post-subsidy price starting at RMB262,600
GAC NIO's HYCAN 007 hits the market with post-subsidy price starting at RMB262,600

HYCAN 007 went on sales on April 10 with post-subisdy starting price of RMB262,600.

Apr. 10 , 2020
CATL’s Q1 net profit projected to fall 20% to 30% due to COVID-19 outbreak
CATL’s Q1 net profit projected to fall 20% to 30% due to COVID-19 outbreak

CATL forcasts a year-on-year decrease of 20% to 30% in Q1 net profit.

Apr. 10 , 2020
Great Wall Motor sees export volume edge up 0.39% YoY in March
Great Wall Motor sees export volume edge up 0.39% YoY in March

Great Wall Motor announced its vehicle sales in March dropped 41.75% year on year to 60,048 units, while rose precipitously 671% compared to February. Meanwhile, export volume edged up 0.39% from a year ago to 5,942 units.

Apr. 9 , 2020
China records 48.3% slump in Mar. homegrown PV wholesale volume
China records 48.3% slump in Mar. homegrown PV wholesale volume

In March, automakers in China sold a total of 1,021,584 locally-produced PVs (referring to cars, MPVs, SUVs and minibuses), which were 48.3% less than that of a year ago, according to the China Passenger Car Association (CPCA).

Apr. 9 , 2020