News
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
FAW’s Hongqi reports best-ever monthly sales
FAW’s Hongqi reports best-ever monthly sales

Hongqi, the state-owned FAW Group’s premium auto brand, chose to announce its all-time high sales performance on the last day of October.

Nov. 1 , 2019
Changan Automobile clocks 7.25% revenue growth in Q3
Changan Automobile clocks 7.25% revenue growth in Q3

As of September, Chongqing Changan Automobile Co., Ltd (Changan Automobile) had posted net loss for the fifth quarter in a row, while the situation became somewhat better.

Oct. 31 , 2019
SAIC Motor gets double-digit drop in Q1-Q3 revenue, net profit
SAIC Motor gets double-digit drop in Q1-Q3 revenue, net profit

SAIC Motors posted double-digit decline in both revenue and net profit for the first nine months of 2019, according to a quarterly financial report the company released on October 30.

Oct. 31 , 2019