China's vehicle outputs and sales in February declined 17.37% and 13.77% year on year respectively, according to the data released by the China Association of Automobile Manufacturers (CAAM).
Mar. 11 , 2019
JETTA, FAW-Volkswagen’s third sub-brand launched on February 26 in Germany, will roll out three new models on March 22 in Chengdu, capital of Sichuan Province, according to local media.
Mar. 11 , 2019
Geely's first MPV model—the Jiaji officially hit the market on March 11 as the automaker's first step to build presence in MPV segment. Presale prices for three variants range between RMB99,800 and RMB182,800.
Mar. 11 , 2019
Chongqing Changan Automobile Co., Ltd (Changan Automobile) announced a year-on-year sales decrease of 35.2% in its Jan.-Feb. sales for 2019. Meanwhile, its Feb. sales substantially dropped 27.6% over the previous year to 110,470 units.
Mar. 8 , 2019
China-based EV startup WM Motor announced on March 8 a completion of a series C round financing that raised a total of RMB3 billion, which is expected to further elevate the company’s valuation.
Mar. 8 , 2019
China’s automaker BYD reported that its Jan.-Feb. sales in 2019 totaled 70,753 units, edging up 3.12% year on year. Of that, the Feb. sales were 26,833 units, only 560 units more than that of a year ago.
Mar. 8 , 2019