News
Foshan offers subsidy of RMB2,000-5,000 per vehicle to new car buyers
Foshan, a prefecture-level city in central Guangdong Province, has become China’s first city that issued the detailed policy to boost automobile consumption.
Feb. 16 , 2020
NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes
NIO will issue and sell convertible notes in an aggregate principal amount of US$100 million to two unaffiliated Asia-based investment funds through private placement.
Feb. 15 , 2020
GAC Group clocks 15.94% decrease in Jan. new vehicle sales
GAC Group announced it sold 176,271 new vehicles in January, a decrease of 15.94% compared to the same period in 2019.
Feb. 14 , 2020
China posts 21.6% drop in Jan. homegrown PV sales
Automakers in China sold a total of 1,606,668 locally-produced PVs in Jan. 2020.
Feb. 13 , 2020
Geely Auto's new vehicle sales total 111,838 units in Jan.，market share hits new high
Geely Auto announced its auto sales volume (including the sales of Lynk & Co brand) reached 111,838 units, slumping 29% year on year.
Feb. 13 , 2020