News
BAIC BJEV’s Jan.-Nov. auto sales dip 11.2% year on year
BAIC BJEV’s Jan.-Nov. auto sales dip 11.2% year on year

As of November, 2019, BAIC Group’s NEV unit BJEV had posted sales downturn for the third month in a row, which led to a higher decrease in its year-to-date sales.

Dec. 10 , 2019
China's auto market hit with 17th-month-in-a-row sales downturn
China's auto market hit with 17th-month-in-a-row sales downturn

China's auto market was hit by the 17th-month-in-a row sales downturn as of November, 2019.

Dec. 10 , 2019
Great Wall Motor completes 89.2% of 2019 sales target by November
Great Wall Motor completes 89.2% of 2019 sales target by November

With a total of 954,290 new cars (+3.81%) sold through November, Great Wall Motor (GWM) has already accomplished 89.2% of its 2019 sales target.

Dec. 10 , 2019
BYD boasts surge in Nov. oil-fueled vehicle sales, but NEV sales still plunge
BYD boasts surge in Nov. oil-fueled vehicle sales, but NEV sales still plunge

BYD said its oil-fueled vehicle sales in November reached 30,075 units, surging 43.86% compared with a year ago and climbing 5.29% from a year earlier. Nevertheless, total sales still fell 19% year on year due to the 62.69% plunge in its NEV sales.

Dec. 9 , 2019
Geely Automobile achieves best-ever November auto sales
Geely Automobile achieves best-ever November auto sales

Geely Automobile posted 1% year-on-year growth in November sales.

Dec. 6 , 2019
BAIC Motor, Daimler once again inject capital to finance leasing subsidiary due to growing risk assets
BAIC Motor, Daimler once again inject capital to finance leasing subsidiary due to growing risk assets

On December 5, BAIC Motor entered into an agreement with Daimler Greater China Ltd. (DGRC) to contribute an aggregate amount of RMB500 million to Mercedes-Benz Leasing Co., Ltd. (MBLC).

Dec. 6 , 2019