- Honda’s China deliveries grow 9.8% in Jan., Dongfeng Honda wins 21.3% YoY jump
Last month, Honda delivered a total of 149,863 new vehicles in China, starting its year of 2020 with an evident growth of 9.8%.
Feb. 20 , 2020
- Honda’s China deliveries grow 9.8% in Jan., Dongfeng Honda wins 21.3% YoY jump
- China’s top 10 PV, car, SUV models by Jan. 2020 wholesale volume
In January, automakers in China sold a total of 1,606,668 locally-produced PVs (hereby referring to cars, MPVs, SUVs and minibuses), a year-on-year decrease of 21.6% and a month-on-month drop of 27.3%...
Feb. 19 , 2020
- China’s top 10 PV, car, SUV models by Jan. 2020 wholesale volume
- Geely rumored to plow $300 million in startup NIO
On Feb. 18, a "we media" platform exposed via its WeChat account that Geely, China's biggest indigeous automaker, plans to pump $RMB300 million in the EV startup NIO. As of press time, both NIO and Ge...
Feb. 18 , 2020
- Geely rumored to plow $300 million in startup NIO
- SAIC Motor’s auto sales tumble in Jan., but indigenous brands stil defy gravity
SAIC Motor saw its sales in January tumbled 34.55% over a year ago, versus the estimated 18% drop in the industry’s total reported by the China Association of Automobile Manufacturers (CAAM).
Feb. 18 , 2020
- SAIC Motor’s auto sales tumble in Jan., but indigenous brands stil defy gravity
- Changan says auto sales in Jan. fall 4.6% YoY
Chongqing Changan Automobile Co., Ltd (Changan) announced it sold 134,578 new vehicles in January, a year-on-year downward movement of 4.6%, versus the estimated 18% decrease for overall auto industry...
Feb. 17 , 2020
- Changan says auto sales in Jan. fall 4.6% YoY
- Great Wall Motor, General Motors sign agreement for purchase of GM Thailand Rayong Manufacturing facility
Great Wall Motors (GWM) and General Motors (GM) today announced an agreement for the sale of GM Thailand’s manufacturing facilities in Rayong, subject to government and regulatory approvals.
Feb. 17 , 2020
- Great Wall Motor, General Motors sign agreement for purchase of GM Thailand Rayong Manufacturing facility
- Foshan offers subsidy of RMB2,000-5,000 per vehicle to new car buyers
Foshan, a prefecture-level city in central Guangdong Province, has become China’s first city that issued the detailed policy to boost automobile consumption.
Feb. 16 , 2020
- Foshan offers subsidy of RMB2,000-5,000 per vehicle to new car buyers
- NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes
NIO will issue and sell convertible notes in an aggregate principal amount of US$100 million to two unaffiliated Asia-based investment funds through private placement.
Feb. 15 , 2020
- NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes