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Nissan China’s sales down 11.8% YoY in Jan.
Nissan China’s sales down 11.8% YoY in Jan.

Nissan announced its China sales slid 11.8% year on year to 118,143 units (including PVs and light CVs) in January of 2020, due to the Spring Festival in Jan. this year and the novel coronavirus.

Feb. 11 , 2020
NIO Inc. Provides January 2020 Delivery Update
NIO Inc. Provides January 2020 Delivery Update

NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its January 2020 delivery results.

Feb. 11 , 2020
Volvo Cars, Geely Auto seek business combination for a strong global group
Volvo Cars, Geely Auto seek business combination for a strong global group

Volvo Car AB and Geely Automobile Holdings Limited are considering combining their businesses to create a strong global group, which would accelerate financial and technological synergies between the two companies.

Feb. 10 , 2020
Mazda sees China retail sales in Jan. fall 8.23%
Mazda sees China retail sales in Jan. fall 8.23%

Mazda Motor (China) Co.,Ltd. said its new car retail sales in January 2020 amounted to 20,963 units, of which 7,539 units and 13,424 units were from FAW Mazda and Changan Mazda respectively.

Feb. 10 , 2020
China’s Vehicle Inventory Alert Index rises 6.5 percentage points YoY in Jan.
China’s Vehicle Inventory Alert Index rises 6.5 percentage points YoY in Jan.

Last month, China’s Vehicle Inventory Alert Index (VIA), which measures the inventory level of automobile dealers, stood at 62.7%, growing 6.3 and 6.5 percentage points over a month ago and a year ago respectively, according to the CADA.

Feb. 7 , 2020
Sichuan Hyundai becomes China’s first CV maker wholly owned by foreign company
Sichuan Hyundai becomes China’s first CV maker wholly owned by foreign company

South Korean automaker Hyundai has obtained 100% stake in Sichuan Hyundai Motor Co., Ltd., making the latter the first commercial vehicle (CV) manufacturer in China that is wholly owned by a foreign company.

Feb. 7 , 2020