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SAIC Motor reports first-quarter net profit decline of 86.42%
SAIC Motor reports first-quarter net profit decline of 86.42%

China’s largest automaker, SAIC Motor, announced net profit slump for the first quarter of 2020, according to a report released on April 30.

Apr. 30 , 2020
Geely enlarges SUV lineup with Haoyue
Geely enlarges SUV lineup with Haoyue

Geely Automobile unveiled on April 28 its all-new mid-sized SUV “Haoyue”, which is set to be offered with 5-seater and 7-seater layouts.

Apr. 29 , 2020
BYD posts net loss of RMB471.7 million excluding non-recurring items in Q1
BYD posts net loss of RMB471.7 million excluding non-recurring items in Q1

BYD Company Limited (BYD) announced its first-quarter net profit slumped 84.98% over a year ago to RMB112,636,000, while excluding the impact of no-recurring gains and losses, the company actually posted a net loss of RMB471,700,000.

Apr. 29 , 2020
Update of BYD Han EV flagship sedan
Update of BYD Han EV flagship sedan

The BYD Han EV passed the moose test at 80km/h+, and boasts a world’s leading 100km/h-0 braking distance of 32.8 meters.

Apr. 28 , 2020
Chongqing Sokon reports expanded net loss for first quarter
Chongqing Sokon reports expanded net loss for first quarter

Chongqing Sokon Industry Group Stock Co.,Ltd. posted an expanded profit loss in the first quarter of 2020, mainly attributable to the shock wave sent by the coronavirus pandemic.

Apr. 28 , 2020
Toyota and FAW Restructure their Joint Company's Management Systems with the Aim of Sustainable Growth in China
Toyota and FAW Restructure their Joint Company's Management Systems with the Aim of Sustainable Growth in China

China FAW Group Co., Ltd. (FAW) and Toyota Motor Corporation (Toyota) will restructure their management systems with the aim of achieving sustainable growth in China.

Apr. 28 , 2020