Gasgoo Daily: Sales of Wuling Asta exceed 10,000 within 26 days

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Sales of Wuling brand’s SUV exceed 10,000 within 26 days

Sales of the Wuling Asta, the first strategic SUV model bearing Wuling brand's global silver badge, surpassed 10,000 vehicles after the sales started 26 days ago while its orders have exceeded 18,000 vehicles.

Automakers advised to have strategic layout in supply chain

The China Passenger Car Association said that major Chinese automakers should have a strategic layout and synergetic reserves for industry supply chain, including resources of lithium, cobalt and nickel.

Great Wall Motor overseas vehicle sales jump 47% YoY

Last month, GWM sold 100,022 vehicles, down by 15.1% from a year ago. Its monthly production volume had a slightly larger decline, down by 16.18% year on year to 99,730 vehicles. In terms of the year-to-date volume, sales and outputs of GWM both had nearly 30% growth.

Evergrande Auto’s first mass-produced model to roll off assembly line in early 2022

Evergrande Auto, the new energy vehicle (NEV) firm of Chinese property giant China Evergrande Group, will put forth its utmost efforts to make sure the first production model rolls off the assembly line at the Tianjin factory in early 2022, Liu Yongzhuo, President of Evergrande Auto, said on Monday at the company's strategy partners conference.

NavInfo to make a turnaround in Q3 results

China’s smart mobility solution provider NavInfo is projected to grasp an increase in revenue of the first three quarters this year, with the third quarter’s performance being extra prominent, the company forecasted.  

China's homegrown PV deliveries in Sept. drop 17.3% year on year

In September 2021, around 1.606 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year drop of 17.3%, while climbing 8.9% month on month, according to the China Passenger Car Association (CPCA).

Tesla sells 56,006 China-made vehicles in September

Tesla sold 56,006 China-made vehicles in September, jumping 26.5% month on month, according to the China Passenger Car Association (CPCA).

China vehicle sales down by 19.6% YoY in September

Data from the China Association of Automobile Manufacturers (CAAM) showed that the biggest auto market sold 2.067 million vehicles last month, down by 19.6% from a year ago and marking a fifth consecutive decrease in monthly sales. Compared with September 2019, September sales this year were down 9.1%. 

SAIC Motor becomes direct shareholder of Iveco's joint venture in China

Nanjing Iveco Automobile Co.,Ltd. (Naveco), a Nanjing-based company principally engaging in manufacturing light-duty commercial vehicles, recently introduced SAIC Motor as a director investor, according to the company information inquiry platform Tianyancha.

China’s car parc amounts to 297 million units by end of Sept. 2021

China's motor vehicle parc amounted to roughly 390 million units by the end of September 2021, of which 297 million units were automobiles, according to China's Ministry of Public Security (MPS).

HOZON Auto partners with China’s AI company SenseTime

HOZON Auto, the Chinese auto startup owning the NEV brand NETA, announced a strategic partnership with SenseTime, China's leading artificial intelligence technology developer for intelligent driving and smart cockpit.  

Neusoft Reach banks RMB650 million

China’s software giant, Neusoft, announced an RMB650 million ($101 million) worth of investment received by its subsidiary, Neusoft Reach Automotive Technology (Shanghai) Co., Ltd. (Neusoft Reach), completing the branch’s first time of financing for business expansion.

Great Wall Motor not rule out buying plant in Western Europe

As Great Wall Motor is accelerating its global business layout, it is possible for the automaker to acquire a manufacturing plant in Western Europe, sources inside the company told a local media outlet.