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SAIC Motor gets double-digit drop in Q1-Q3 revenue, net profit
SAIC Motor gets double-digit drop in Q1-Q3 revenue, net profit

SAIC Motors posted double-digit decline in both revenue and net profit for the first nine months of 2019, according to a quarterly financial report the company released on October 30.

Oct. 31 , 2019
NavInfo’s Q3 net profit slides over 200% YoY
NavInfo’s Q3 net profit slides over 200% YoY

The technology company NavInfo announced its net profit attributable to the parent company's shareholders in the third quarter plunged 209.73% year on year with a loss of around RMB61.42 million ($8.7 million).

Oct. 31 , 2019
【September, 2019】China Passenger Vehicle Sales Analysis
【September, 2019】China Passenger Vehicle Sales Analysis

PV wholesales had a slide of 5.9% YoY and increase of 17.2% MoM in September 2019.

Oct. 31 , 2019
Huawei’s autonomous driving network solution makes its China debut
Huawei’s autonomous driving network solution makes its China debut

Huawei formally launched the Autonomous Driving Network (AND) solution to China prior to the opening of the PT Expo China, in order to help communications operator speed up digital transition.

Oct. 30 , 2019
China's motor vehicle manufacturing posts smaller profit decline
China's motor vehicle manufacturing posts smaller profit decline

National Bureau of Statistics (NBS) announced Jan.-Sept. profits fell 16.6% year on year to RMB373.46 billion ($52.86 billion), with the decline shrinking 2.4 percentage points compared with the first eight months.

Oct. 30 , 2019
BYD’s Q3 net profit tumbles 88.58%, warns on 2019 profit
BYD’s Q3 net profit tumbles 88.58%, warns on 2019 profit

Chinese automaker BYD reported on October 29 an 88.58% year-on-year plunge in the third-quarter (Q3) net profit in the wake of a three-consecutive-month decrease in monthly sales volume taking place during the same period.

Oct. 30 , 2019