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China’s Oct. Vehicle Inventory Alert Index rises month on month
China’s Oct. Vehicle Inventory Alert Index rises month on month

For the month of October, China’s Vehicle Inventory Alert Index (VIA), which reflects the inventory pressure of automobile dealers, was up by 3.8 percentage points over a month ago, said the China Automobile Dealers Association (CADA).

Nov. 4 , 2019
Zotye, Ctrip set up mobility project with first 4,000 vehicles deployed
Zotye, Ctrip set up mobility project with first 4,000 vehicles deployed

​Zotye, a vehicle manufacturing enterprise and Ctrip, a leading Chinese provider of travel services hold a ceremony for their strategic partnership on October 30 at the Zhejiang-based automaker’s Jinhua facility.

Nov. 4 , 2019
Changan Automobile to transfer equity stake in joint venture with PSA
Changan Automobile to transfer equity stake in joint venture with PSA

Chongqing Changan Automobile Co., Ltd (Changan Automobile) intends to transfer 50% equity stake in the Sino-French joint venture Changan PSA (CAPSA), according to a file posted on the website of Chongqing Assets and Equity Exchange (CQUAE).

Nov. 1 , 2019
【September, 2019】China Passenger Vehicle Sales Analysis
【September, 2019】China Passenger Vehicle Sales Analysis

PV wholesales had a slide of 5.9% YoY and increase of 17.2% MoM in September 2019.

Oct. 31 , 2019
GAC Group’s Jan.-Sept. net profit decline, while investment income remains flat
GAC Group’s Jan.-Sept. net profit decline, while investment income remains flat

Chinese automaker GAC Group gained RMB43.031 billion in gross revenue for the first nine months of 2019, versus RMB53.508 billion for the year-ago period, the company said on October 29.

Oct. 31 , 2019
Tesla’s 2,000th supercharger in mainland China installed in Shanghai
Tesla’s 2,000th supercharger in mainland China installed in Shanghai

US electric car maker Tesla said on October 30 the 2,000th supercharger in mainland China was installed at a commercial area in Shanghai, namely Shangjia Center.

Oct. 31 , 2019