China’s largest automaker SAIC Motor reported double-digit year-on-year decrease in both first-half revenue and net profit attributable to shareholders amongst a prolonged downturn in China’s auto market.
Aug. 30 , 2019
GWM’s new P Series passenger pickup will roll off the production line at the plant in Yongchuan, Chongqing on August 30, the automaker said via its WeChat account, adding that the Yongchuan plant will be completed in the meantime.
Aug. 29 , 2019
Gasgoo compiled the sales data offered by eight mainstream premium vehicle manufacturers. All of them accomplished year-on-year growth in July sales. Except Jaguar Land Rover, the other seven all posted increase in year-to-date sales.
Aug. 29 , 2019
BAIC Motor Corporation Limited (BAIC Motor) reported a year-on-year jump of 14.1% in the first-half revenue, while its semi-annual net profit slumped 25.9% from a year ago.
Aug. 28 , 2019
Chinese Internet giant Baidu announced a strategic partnership with the Chongqing municipal government at the 2019 Smart China Expo to team up on autonomous driving.
Aug. 28 , 2019
In July, consumers in China purchased the mandatory liability insurance for traffic accidents of motor vehicles (MLI) for a total of 2,232 vehicles made by Chinese startups, compared with 9,162 units for the month of June, according to the CIRC.
Aug. 28 , 2019