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Based on the present performance, automakers’ planning for the second half and some policy factors, Gasgoo Auto Research Institute (GARI) predicts an 8.9% year-on-year drop in annual SUV sales this year.
Aug. 15 , 2019
China’s new energy passenger vehicle (NEPV) wholesale volume reached 68,781 units in July, dropping 4% from the previous year, the first decline in more than two years, according to the data released by the CPCA.
Aug. 15 , 2019
Evergrande Health is expected to record a net loss for the first half of 2019 of approximately RMB2 billion, versus the net profit of around RMB200 million for the same period in 2018, the company announced on August 9.
Aug. 14 , 2019
NIO announced on August 12 that it delivered 837 new vehicles in July, 2019, versus 1,340 units handed over a month ago.
Aug. 13 , 2019
Gasgoo hereby rounded up NEV sales volumes released by several major Chinese OEMs. Both BYD and JAC Motors suffered evident year-on-year decline in July NEV sales. But in terms of year-to-date sales, all of them accomplished remarkable increase YoY.
Aug. 12 , 2019
Vehicle sales in China, the world's biggest auto market, were down by 11.9% over the previous year to roughly 1,800,000units in July, the 13th month in a row suffering year-on-year negative growth, according to the CAAM.
Aug. 12 , 2019