- Dongfeng expected to log 60% YoY slump in H1 net profit due to pandemic hit
Dongfeng Motor Group Company Limited expects to record a roughly 60% year-on-year plunge in net profit for the first half of 2020.
Aug. 26 , 2020
- Dongfeng expected to log 60% YoY slump in H1 net profit due to pandemic hit
- FAW-Volkswagen’s JETTA sales top 100,000 units from Jan. to mid-Aug.
Chinese car manufacturing joint venture FAW-Volkswagen (FAW-VW) said the year-to-date sales volume of its entry-level sub-brand JETTA has exceeded 10,000 units as of mid-August.
Aug. 25 , 2020
- FAW-Volkswagen’s JETTA sales top 100,000 units from Jan. to mid-Aug.
- Startup BYTON said to register new tech company after suspending China operations
Chinese EV startup BYTON has applied for the registration of a new technology company dubbed “Shengteng”, which is likely to snag an operating license at the end of August, according to a local me...
Aug. 25 , 2020
- Startup BYTON said to register new tech company after suspending China operations
- China’s Jan.-Jul. automobile imports tumble 30.1% year on year
For the first seven months of the year, China imported a total of 430,000 vehicles (including chassis), posting a year-on-year slump of 30.1%, and saw the year-to-date import value of automobiles reac...
Aug. 25 , 2020
- China’s Jan.-Jul. automobile imports tumble 30.1% year on year
- Guangzhou expects automobile capacity to exceed 5 million units in 2025
Guangzhou is ambitious to see its automobile capacity surpass 5 million units in 2025, according to a document approved by Guangzhou municipal government on August 24 at a press conference.
Aug. 24 , 2020
- Guangzhou expects automobile capacity to exceed 5 million units in 2025
- GAC Group eyes trial operation of Level 4 autonomous cars in 2023
GAC Group strives to achieve the pilot operation of level 4 autonomous cars in designated regions in 2023, Feng Xingya, president of GAC Group, revealed at the Global Intelligent Vehicle Summit (GIV20...
Aug. 24 , 2020
- GAC Group eyes trial operation of Level 4 autonomous cars in 2023
- FAW’s Hongqi H9 full-sized luxury sedan hit the market
FAW Hongqi’s H9 full-sized luxury sedan officially hit the market on August 23. With five trim levels offered at one go, the new car model is sold at a price range of 309,800 yuan ($44,772) to 539,8...
Aug. 24 , 2020
- FAW’s Hongqi H9 full-sized luxury sedan hit the market
- Toyota-backed R&D JV for commercial fuel cell system founded in Beijing
United Fuel Cell System R&D (Beijing) Co., Ltd. (FCRD), a significant joint venture announced by Toyota in early June, has been officially registered in Beijing, according to Chinese corporate data pl...
Aug. 23 , 2020
- Toyota-backed R&D JV for commercial fuel cell system founded in Beijing