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SAIC Motor predicts YoY growth of 4.6% in 2018 net profits
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits

SAIC Motor predicted that its net profits attributable to shareholders of listed company total around RMB3.6 billion in 2018, up by nearly 4.6% compared with the 2017’s record year.

Jan. 31 , 2019
Summary: 2018 sales in China for mainstream luxury carmakers
Summary: 2018 sales in China for mainstream luxury carmakers

According to the resultant sales performance announced by premium car makers and the China Passenger Car Association (CPCA), Audi finally transcended Mercedes-Benz, taking the championship in terms of single brand’s 2018 sales in China.

Jan. 30 , 2019
Groupe PSA starts autonomous driving tests on open roads in China
Groupe PSA starts autonomous driving tests on open roads in China

On January 30, Groupe PSA obtained a licence to start autonomous driving tests on open roads in China (Chongqing).

Jan. 30 , 2019
What’s new at XPENG Motors in January?
What’s new at XPENG Motors in January?

This is a very busy January for Chinese EV startup XPENG Motors. Let's review what the company experienced in this month.

Jan. 29 , 2019
Mercedes-Benz to roll out 15 new models in China in 2019
Mercedes-Benz to roll out 15 new models in China in 2019

In 2018, Mercedes-Benz sold a total of 674,125 vehicles (including Smart) in China with a YoY growth of 10.3%. The German premium car brand plans to roll out 15 new models in this country, including the new E-Class, the mid-cycle refresh GLC L.

Jan. 29 , 2019
Volvo’s 2019 model roll-out plan for China exposed, locally-produced XC40 is coming soon
Volvo’s 2019 model roll-out plan for China exposed, locally-produced XC40 is coming soon

In 2019, Volvo Cars plans to roll out several new models in China, including the China-made XC40, the imported all-new V60, the mid-cycle refresh XC90 as well as the all-new S60, Volvo Cars revealed in recent days.

Jan. 29 , 2019