- Hongqi’s July sales nearly doubled from year-ago level
FAW Group’s Hongqi reported a July sales volume exceeding 17,500 units, which surged 99% over the previous year. For the first seven months, the premium auto brand saw its sales skyrocket 108% year ...
Aug. 03 , 2020
- Hongqi’s July sales nearly doubled from year-ago level
- China’s Vehicle Inventory Alert Index in July almost remains flat over a year ago
China's Vehicle Inventory Alert Index (VIA) stood at 62.7% in July, which climbed 5.9 and 0.5 percentage points compared to the previous month and the previous year respectively, according to the Chin...
Aug. 03 , 2020
- China’s Vehicle Inventory Alert Index in July almost remains flat over a year ago
- Summary: 2020 H1 sales target completion rates of major Chinese automakers
Gasgoo hereby compiled the first-half 2020 sales results and annual sales goals announced by ten mainstream Chinese automobile groups.
July 31 , 2020
- Summary: 2020 H1 sales target completion rates of major Chinese automakers
- JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020
JAC Motors is forecasted to post a net loss attributable to shareholders of 146 million yuan ($20,866,378) for the first half of 2020, a nosedive from the net profit of 125,114,300 yuan ($17,881,386) ...
July 31 , 2020
- JAC Motors forecasted to suffer net loss of 146 million yuan in first half of 2020
- GAC Group, FCA sign MoU to improve joint venture’s operations
At this year’s Chengdu Motor Show, GAC Group and FCA Group, two parent companies of the joint venture GAC FCA, signed a memorandum of understanding (MoU) to step up their strategic cooperation in Ch...
July 31 , 2020
- GAC Group, FCA sign MoU to improve joint venture’s operations
- China's Li Auto announces IPO price
The company can raise a total of US$1.47 billion.
July 30 , 2020
- China's Li Auto announces IPO price
- 23 auto-related companies tabulated on 2020 Fortune China Top 500 list
Fortune China released on July 27 the list of China's top 500 public companies, whose total revenues in 2019 reached RMB50.5 trillion, a year-on-year increase of 11%.
July 30 , 2020
- 23 auto-related companies tabulated on 2020 Fortune China Top 500 list
- Guangdong to encourage foreign firms to invest in NEV businesses
Guangdong provincial government stated earlier this month that it will encourage foreign investors to plow capital into new energy vehicle (NEV) businesses and relax foreign ownership restrictions on ...
July 30 , 2020
- Guangdong to encourage foreign firms to invest in NEV businesses