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Great Wall Motor’s Jan.-Apr. sales in 2019 climb 8.65% from a year ago
Great Wall Motor’s Jan.-Apr. sales in 2019 climb 8.65% from a year ago

Great Wall Motor has sold 367,680 vehicles in total for the first four months of the year, up by 8.65% compared with the year-ago period, the automaker announced on May 9.

May 10 , 2019
SAIC Motor's Jan.-Apr. sales in 2019 drop 16.8%
SAIC Motor's Jan.-Apr. sales in 2019 drop 16.8%

SAIC Motor sold 456,826 vehicles in April, suffering a double-digit decrease of 19.73%, the automaker announced on May 7. This was the eighth month in a row recording year-on-year negative growth.

May 9 , 2019
China has so far issued 109 licenses for autonomous vehicle road tests by April
China has so far issued 109 licenses for autonomous vehicle road tests by April

By the end of April this year, there were a total of 109 licenses that have been issued to companies across China for their autonomous driving road tests, according to a summary done by AutoInfo, a Chinese automotive information website.

May 9 , 2019
Summary of 8 major China-based automakers’ profitability in Q1, 2019
Summary of 8 major China-based automakers’ profitability in Q1, 2019

The continuous year-on-year sales downturn also reflected on the financial performance for automaker in this country. Gasgoo found out that most of them recorded double-digit decrease in Q1 net profit attributable to shareholders.

May 8 , 2019
Mazda’s China retail sales in April slump 31.2% from the previous year
Mazda’s China retail sales in April slump 31.2% from the previous year

Mazda faced a substantial year-on-year drop of 31.2% in April retail sales for its Chinese market. Last month, it delivered 16,919 vehicles in this country, the Japanese automaker announced on May 7.

May 8 , 2019
EV startup Byton to complete C financing round around midyear 2019
EV startup Byton to complete C financing round around midyear 2019

EV startup Byton the startup disclosed that its ongoing Series C financing round is expected to be completed around midyear of 2019.

May 8 , 2019