News
Honda gains 8th-month-in-a-row growth in China sales as of October
Honda gains 8th-month-in-a-row growth in China sales as of October

Honda has been achieving year-on-year growth in China retail sales for eight consecutive months as of October, 2019.

Nov. 5 , 2019
SAIC MAXUS’s Oct. sales continue to exceed 10,000 units, up 78.58% YoY
SAIC MAXUS’s Oct. sales continue to exceed 10,000 units, up 78.58% YoY

It only took SAIC MAXUS ten months of 2019 to break 2018 annual sales record with 92,146 units sold as of October.

Nov. 5 , 2019
Sokon Group reports Q1-Q3 net loss of RMB421 million
Sokon Group reports Q1-Q3 net loss of RMB421 million

Sokon Group saw its revenue for the first nine months of 2019 slide 18.96% year on year to roughly 11.55 billion ($1.64 billion), the company said on October 30.

Nov. 5 , 2019
China’s Oct. Vehicle Inventory Alert Index rises month on month
China’s Oct. Vehicle Inventory Alert Index rises month on month

For the month of October, China’s Vehicle Inventory Alert Index (VIA), which reflects the inventory pressure of automobile dealers, was up by 3.8 percentage points over a month ago, said the China Automobile Dealers Association (CADA).

Nov. 4 , 2019
NIO delivers 2,526 vehicles in October
NIO delivers 2,526 vehicles in October

As of October 31, 2019, aggregate deliveries of the Company’s ES6 and ES8 reached 26,215 vehicles, of which 14,867 vehicles were delivered in 2019.

Nov. 4 , 2019
Zotye, Ctrip set up mobility project with first 4,000 vehicles deployed
Zotye, Ctrip set up mobility project with first 4,000 vehicles deployed

​Zotye, a vehicle manufacturing enterprise and Ctrip, a leading Chinese provider of travel services hold a ceremony for their strategic partnership on October 30 at the Zhejiang-based automaker’s Jinhua facility.

Nov. 4 , 2019