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China’s car population grows up to 240 million units by the end of 2018
China’s car population grows up to 240 million units by the end of 2018

There were a total of 31.72 million motor vehicles newly registered in China last year, making the country’s motor vehicle population up to around 327 million units by the end of 2018.

Jan. 14 , 2019
Haval launches “5-2-1” global strategy to roll out over 20 new models by 2023
Haval launches “5-2-1” global strategy to roll out over 20 new models by 2023

On January 13, 2019, Haval released the “Haval 5-2-1” Strategy, aiming to develop itself into the “world’s No.1 professional SUV brand” with annual sales up to 2 million units globally over the next five years.

Jan. 14 , 2019
China's vehicle sales in 2018 drop 2.76% YoY to 28,080,600 units, CAAM
China's vehicle sales in 2018 drop 2.76% YoY to 28,080,600 units, CAAM

China's vehicle outputs and sales in 2018 reached 27,809,200 units and 28,080,600 units, dropping 4.16% and 2.76% year on year respectively, according to sales data released by China Association of Automobile Manufacturers (CAAM).

Jan. 14 , 2019
FAW-Volkswagen 2018 deliveries exceed 2.05 million units with YoY growth of 2.6%
FAW-Volkswagen 2018 deliveries exceed 2.05 million units with YoY growth of 2.6%

FAW-Volkswagen (FAW-VW) announced that its vehicle deliveries in 2018 exceeded 2.05 million units, edging up 2.6% from a year earlier. Market share for the Sino-German joint venture was lifted to 8.8%.

Jan. 11 , 2019
Changan Automobile posts YoY decline of 25.6% in 2018 sales
Changan Automobile posts YoY decline of 25.6% in 2018 sales

Chongqing Changan Automobile Co., Ltd. (Changan Automobile) saw its full-year sales in 2018 slid 25.6% from the previous year to 2,137,785 units. Meanwhile, it faced a year-on-year (YoY) slump of 44.3% with 158,136 vehicles sold in December.

Jan. 11 , 2019
Porsche with new peak in deliveries
Porsche with new peak in deliveries

A strong year for the Stuttgart-based sports car manufacturer: Porsche AG delivered 256,255 vehicles worldwide in 2018 – more than ever before.

Jan. 10 , 2019