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【July, 2019】China Passenger Vehicle Sales Analysis
【July, 2019】China Passenger Vehicle Sales Analysis

Gasgoo Auto Research Institute (GARI) has already released this year’s 7th report about China’s monthly PV market. We hereby rounded up some highlights and afterwards attached part of the valuable report.

Aug. 22 , 2019
Great Wall Motors taps used car export domain with first business completed
Great Wall Motors taps used car export domain with first business completed

Chinese automaker Great Wall Motors recently exported its first batch of pre-owned vehicles to several Asian and African countries like Cambodia, Nigeria and Ghana through its wholly-owned automobile import & export subsidiary in Tianjin.

Aug. 22 , 2019
China to support launching of pilot zones banning fossil fuel vehicles, MIIT
China to support launching of pilot zones banning fossil fuel vehicles, MIIT

China is ready to support some eligible regions to build pilot zones than ban vehicles running on gas or diesel from driving, China’s MIIT announced on August 20 as part of reply to a suggestion offered by China’s National People's Congress (NPC).

Aug. 22 , 2019
Geely Automobile sees first-half net profit tumble 40%
Geely Automobile sees first-half net profit tumble 40%

Geely Automobile Holdings Limited said on August 21 its semi-annual net profit attributable to the equity holders of the company plunged 40% year on year to RMB 4,009,475,000. Besides, the first-half revenue also declined 11% to RMB47,558,617,000.

Aug. 21 , 2019
DiDi denies plan of merging autonomous driving business with NIO’s
DiDi denies plan of merging autonomous driving business with NIO’s

DiDi said it doesn’t have any plans about the merger of two companies’ autonomous driving arms, but it will continue the in-depth collaboration with automobile industry.

Aug. 21 , 2019
Chery builds joint venture with China’s ICT leader ZTE for 5G application
Chery builds joint venture with China’s ICT leader ZTE for 5G application

Chery Automobile on August 17 forged a strategic partnership with Chinese telecommunications and information technology provider ZTE Corporation (ZTE) to jointly develop auto-related application of 5G technology.

Aug. 21 , 2019