GAC Motor, a PV manufacturing subsidiary wholly owned by GAC Group, unveiled GAC Motor International Co.,Ltd in Hong Kong on May 21, according to a press release from the automaker.
May 22 , 2019
Worse than expectation, PV wholesales only showed 1.55 million units in April 2019, with a decline of 17.1% YoY. The YTD wholesales totaled 6.70 million units and also had a big reduction of 14.8% YoY.
May 22 , 2019
Hongqi, a premium car brand owned by China’s state-owned FAW Group, will put its all-new H7 sedan into volume production in May next year, according to local media outlets.
May 21 , 2019
Meituan, the ride-hailing arm of Chinese lifestyle services platform Meituan-Dianping, recently expanded its “aggregation” car-hailing service into another 15 cities in China following Nanjing and Shanghai, according to local media outlets.
May 21 , 2019
On May 20, GAC NIO New Energy Automotive Co.,Ltd (GAC NIO) launched an all-new car brand dubbed HYCAN in Hangzhou, the capital of China’s Zhejiang Province, according to the automaker.
May 20 , 2019
According to the China Passenger Car Association (CPCA), China’s premium car brands’ retail sales in April edged up 2.1% to 167,360 units. From January to April, a total of 674,753 premium cars were delivered in China with a growth of 4.5%.
May 20 , 2019