Gasgoo Daily: China’s annual auto sales anticipated to rise 1.7% YoY in 2022: CAAM

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

China's annual auto sales anticipated to rise 1.7% YoY in 2022: CAAM

China's annual auto sales are anticipated to rise 1.7% year on year to 26.757 million units in 2022, according to the data given by the China Association of Automobile Manufacturers (CAAM). The association also predicted that the country's auto sales in Dec. 2022 would reach 2.455 million units, rising 5.5% month on month, but sliding 12.1% year on year.

ZEEKR aims to achieve annual sales of 140,000 vehicles in 2023

ZEEKR, the premium electric vehicle brand of Geely Holding, expects its annual sales to reach around 140,000 units in 2023, doubling over the previous year, said An Conghui, CEO of ZEEKR Intelligent Technology.

Chery Holding's Jetour Auto sees annual sales in 2022 jump 16.9% YoY

Jetour Auto, one of the auto brands owned by Chery Holding, sold 180,067 vehicles through 2022, representing a year-on-year jump of 16.9%. Its monthly sales reached 22,042 units in Dec. 2022, rising 9.5% from a year earlier.

BYD breaks ground on battery manufacturing base in Xuzhou city

On Jan. 4, 2023, BYD laid the foundation stone for its new power battery manufacturing base in Xuzhou city, Jiangsu province. Part of production lines are expected for operation in Dec. this year.

Midea-backed Welling starts production at NEV parts manufacturing base in Anqing city

Welling Auto Parts ("Welling"), the new energy vehicle (NEV) auto parts supplier owned by Chinese major appliance giant Midea Group, saw the first phase of its new strategic manufacturing base in Anqing city, Anhui province start operation on Jan. 6, 2023, according to a post on Midea Group's WeChat account.

Tesla lowers price of China-made Model 3 RWD to 229,900 yuan

On Jan. 6, 2023, Tesla announced the prices of the all-new Model S and the all-new Model X for the Chinese mainland, and issued a new round of price reduction for the China-made Model 3 and Model Y.

Dongfeng Peugeot 408X makes China premiere

On January 5, Dongfeng Peugeot, the joint-venture brand between Dongfeng Motor and Stellantis, saw the 408X make its China debut, signifying the deeper cooperation between the two companies.

Chery Holding sees 2022 annual sales, revenue hit new high

Chery Holding announced on January 6 its sales volume came in at 105,483 vehicles in Dec. 2022, which resulted in an annual sales volume of 1,232,727 vehicles (+28.2% YoY).

GAC Group sees annual vehicle output, sales both surpass 2.43 million units in 2022

GAC Group sold a total of 2,433,801 vehicles through 2022, representing a 13.5% year-on-year growth, according to data shown in an announcement issued on Thursday.

Nissan Motor's China sales in Dec. 2022 jump 46.9% month on month

In 2022, Nissan Motor Co., Ltd. saw its annual sales in China exceed 1 million units for the eighth year in a row.

The Japanese automaker sold a total of 1,045,197 vehicles in the world's largest auto market last year, representing a 22.1% drop from the previous year.