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Summary: Chinese sedan market in May 2017
Summary: Chinese sedan market in May 2017

The Chinese sedan market continued to decline in May. According to statistics reported on by Gasgoo.com (Chinese), monthly sales totaled 835,859 units, down 9.1% from the previous year. Sedan sales accounted for 49.1% of all Chinese passenger automob

Jul. 13 , 2017
Beijing Hyundai fifth factory completes construction on July 19th, producing new Verna
Beijing Hyundai fifth factory completes construction on July 19th, producing new Verna

Beijing Hyundai’s fifth factory began construction in June, 2015 in Chongqing. According to plan, the new factory will be put into production in August this year, with the first model of small-size car new Verna.

Jul. 12 , 2017
Chinese auto market has a total sales volume of 13.35m units in the first half of year, with obvious declines in passenger vehicles market
Chinese auto market has a total sales volume of 13.35m units in the first half of year, with obvious declines in passenger vehicles market

CAAM released the latest production and sales data on July 11th showing that the production and sales volume in June reach 2.17m units and 2.17m units respectively, increasing 3.9% and 3.6% month-on-month and growing 5.4% and 4.5% year-on-year.

Jul. 12 , 2017
Sales volume of Chery increases 20% in June, and it will launch two new models in the year
Sales volume of Chery increases 20% in June, and it will launch two new models in the year

It’s learned that self-independent brands under Chery have a total sales volume of 36,342 units in June, increasing 20.5% year-on-year. Chery will launch two new models in the latter half of year, including Arrizo 5e and new Tiggo 5.

Jul. 10 , 2017
FAW - Volkswagen Launches 23 New Models in the Next Two Years
FAW - Volkswagen Launches 23 New Models in the Next Two Years

At the meeting, Sun Huibin, board secretary of FAW - Volkswagen, and director of general manager office, announced for the first time to the public that FAW - Volkswagen will launch the third brand in the future.

Jul. 10 , 2017
Geely’s sales volume increases 89% in the first half of year, adjusting its annual target to 1.1m units
Geely’s sales volume increases 89% in the first half of year, adjusting its annual target to 1.1m units

Geely Auto released its sales volume on July 6th showing that Geely Auto sold 88,773 units in June with a year-on-year growth of 91%. Domestic sales volume reaches 87,969 units with a year-on-year growth of 93%.

Jul. 7 , 2017