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China’s car parc amounts to 315 million units by end of Sept. 2022
China’s car parc amounts to 315 million units by end of Sept. 2022

China's motor vehicle parc amounted to roughly 412 million units by the end of Sept. 2022, 315 million of which were automobiles, according to China's Ministry of Public Security.

Oct. 8 , 2022
Faurecia, Leapmotor ally on automotive seating supply chain
Faurecia, Leapmotor ally on automotive seating supply chain

Faurecia on Sept. 30 inked a strategic cooperation agreement with Chinese new energy vehicle (NEV) startup Leapmotor to jointly deploy a sustainable and high-quality automobile seating supply chain.

Oct. 8 , 2022
China's vehicle inventory alert index in Sept. 2022 rises 4.3 percentage points YoY
China's vehicle inventory alert index in Sept. 2022 rises 4.3 percentage points YoY

China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, rose 4.3 percentage points year on year in Sept. 2022, according to the China Automobile Dealers Association (CADA).

Oct. 8 , 2022
Li Auto launches Li L8, L7 at one go
Li Auto launches Li L8, L7 at one go

Chinese new energy vehicle (NEV) startup Li Auto launched two new models today.

Sep. 30 , 2022
Geely Holding acquires 7.60% stake in Aston Martin Lagonda
Geely Holding acquires 7.60% stake in Aston Martin Lagonda

On September 30, China’s major auto group, Zhejiang Geely Holding Group Co., Ltd. (Geely Holding) announced that it has officially acquired 7.60% stake in English luxury performance vehicle maker Aston Martin Lagonda Global Holdings plc.

Sep. 30 , 2022
Ford China announces appointment of new managing director, COO
Ford China announces appointment of new managing director, COO

Sam Wu is joining Ford Motor (China) Ltd. ("Ford China") on October 1 to the assume the role of managing director and chief operating office.

Sep. 30 , 2022