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Four major Japanese automakers have announced their China sales performance in November. The biggest bright spot should be Mazda, which achieved a double-digit increase after four-straight-month downturn.
Dec. 6 , 2019
Toyota Motor Corporation (TMC) said its businesses of China Region and Asia Region have been split in light of the importance of China market and the Asian markets, marking China’s growing significance to the Japanese auto giant.
Dec. 5 , 2019
NIO delivered 2,528 vehicles in November, maintaining the strong momentum achieved in October and representing the fourth consecutive month of delivery growth.
Dec. 5 , 2019
In November, Mazda achieved year-on-year growth in China retail sales after four-consecutive-month decrease.
Dec. 4 , 2019
Toyota’s luxury brand Lexus reported a year-on-year China’s sales growth of 16.5% with 19,325 vehicles sold in November. The sales in the first eleven months totaled 180,239 units, a surge of 21.01% from the year-ago period.
Dec. 4 , 2019
SAIC-GM, a joint venture between General Motors and SAIC Motor, will invest roughly RMB80 billion ($11.3 billion) in the JV’s R&D, technologies and factories from 2020 through 2024, to keep up with the industry mega trends.
Dec. 4 , 2019