- China records 82.1% slump in Feb. homegrown PV wholesale volume
In February, automakers in China sold a total of 219,930 locally-produced PVs (hereby referring to cars, MPVs, SUVs and minibuses), a year-on-year slump of 82.1% and a month-on-month plunge of 86.5%, ...
Mar. 09 , 2020
- China records 82.1% slump in Feb. homegrown PV wholesale volume
- BAIC BJEV’s sales slump continues in Februay
BAIC Group’s NEV arm BJEV, one of leading EV manufacturers in China, sold only 1,002 new vehicles in February, a year-on-year plunge of 65.05% and a month-on-month slump of 50.05%.
Mar. 09 , 2020
- BAIC BJEV’s sales slump continues in Februay
- Mazda China deliveries plunge 79% in Feb.
Hit by the fierce outbreak of novel coronavirus, most of automakers in China encountered year-on-year plunge of over 70% last month, and the Japanese automaker Mazda is no exception.
Mar. 09 , 2020
- Mazda China deliveries plunge 79% in Feb.
- BYD’s Jan.-Feb. sales more than halved over a year ago due to epidemic, Spring Festival
In February, BYD sold only 5,501 new vehicles, encountering a sharp year-on-year decrease of 79.05% during the most critical period of coronavirus fight.
Mar. 09 , 2020
- BYD’s Jan.-Feb. sales more than halved over a year ago due to epidemic, Spring Festival
- SAIC posts slump in domestic market, but makes stride in overseas business
China's biggest automaker SAIC Motor today reported that its auto sales in Feb. reached 47,365 units, versus 362,945 units sold in the year-ago period. Besides, the sales for the first two months aggr...
Mar. 06 , 2020
- SAIC posts slump in domestic market, but makes stride in overseas business
- SAIC’s two subsidiaries said to adjust salary to weather virus-hit period
Two subsidiaries of Shanghai-based SAIC Motor—SAIC Maxus and Shanghai Huizhong Automobile Manufacturing Co.,Ltd. (SHAC)—have reportedly started adjusting salaries of employees.
Mar. 06 , 2020
- SAIC’s two subsidiaries said to adjust salary to weather virus-hit period
- Honda’s China deliveries in Feb. plunge 85.1% YoY due to coronavirus
Hit by the COVID-19 epidemic, most global automakers encountered steep plunge in China market last month. The Japanese automaker Honda said its China deliveries in February reached only 11,288 units, ...
Mar. 06 , 2020
- Honda’s China deliveries in Feb. plunge 85.1% YoY due to coronavirus
- NIO announces $235 million private placements of short-term convertible notes
NIO will issue and sell convertible notes in an aggregate principal amount of US$235 million to several unaffiliated Asia-based investment funds through private placements.
Mar. 05 , 2020
- NIO announces $235 million private placements of short-term convertible notes