Search Results for "M"

China solicits public opinion for next stage of development plan on NEV industry
China solicits public opinion for next stage of development plan on NEV industry

China’s Ministry of Industry and Information Technology (MIIT) is soliciting public opinion on the Development Plan on the New Energy Vehicle Industry (2021-2035), which puts forward the vision for China’s next-stage NEV development.

Dec. 3 , 2019
China’s auto sales likely to fall 10% in 2019, CAAM
China’s auto sales likely to fall 10% in 2019, CAAM

Yao Jie, vice secretary general of the China Association of Automobile Manufacturers (CAAM), expected China’s automobile sales in 2019 to decline around 10% amid the downturn trend since July, 2018.

Dec. 3 , 2019
China’s Nov. Vehicle Inventory Alert Index remains at alarming level
China’s Nov. Vehicle Inventory Alert Index remains at alarming level

In November this year, China's Vehicle Inventory Alert Index (VIA), which represents the inventory pressure automobile dealers face, was down by 12.6 percentage points from the year-ago period but up by 0.1 percentage points over a month ago.

Dec. 3 , 2019
FAW’s Hongqi gains best-ever monthly sales in November
FAW’s Hongqi gains best-ever monthly sales in November

FAW Group achieved its highest-ever monthly sales of Hongqi brand with a total of 12,500 vehicles sold last month, a surge of 178% over the year-over period.

Dec. 2 , 2019
Jia Yueting’s EV project in Moganshan likely to fizzle out
Jia Yueting’s EV project in Moganshan likely to fizzle out

Recently, the local government of Deqing County, Zhejiang province has reclaimed the industrial lot located at Moganshan where Jia Yueting once planned to produce vehicles and set up an automotive theme town.

Dec. 1 , 2019
BMW, Great Wall Motor celebrate first spade cut of Spotlight JV project
BMW, Great Wall Motor celebrate first spade cut of Spotlight JV project

BMW Group and Great Wall Motor officially initiated their 50:50 joint-venture project, Spotlight Automotive, on November 29, marking the first joint venture between foreign and privately-owned automakers in China will be soon established.

Nov. 29 , 2019