News
Geely Automobile's year-to-date sales exceed 1 million units as of October
Geely Automobile's year-to-date sales exceed 1 million units as of October

Geely Automobile said on Wednesday that it sold 130,180 vehicles (including Lynk & Co-branded vehicles) in October, gaining a year-on-year growth of roughly 1% after a three-consecutive-month downturn.

Nov. 6 , 2019
DiDi to resume hitch service with more safety features
DiDi to resume hitch service with more safety features

China’s Didi Chuxing (DiDi) said it is to resume the hitch, its P2P car-hailing service, in seven major Chinese cities on November 20, 2019, more than a year after the service was suspended in wake of two murder cases.

Nov. 6 , 2019
Startup NIO launches used car services
Startup NIO launches used car services

NIO formally launched the used car service feature on November 4 as the high-profile Chinese startup determines to differentiate itself from peers.

Nov. 6 , 2019
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