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GAC Group produced 191,873 vehicles and delivered 183,377 vehicles in March, up 2.1% and 4.91% respectively from a year earlier, according to the output and sales data released by GAC Group.
Apr. 8 , 2018
From the data the reporter summarized, Nissan ranked first by both March sales and Q1 sales among all Japanese automakers. Affected by CR-V engine quality issue, Honda was the only one that suffered losses in both March sales and Q1 sales.
Apr. 8 , 2018
NIO, one of China’s EV startups, plans to deliver 30,000 new vehicles and gain revenue of RMB 11.4 billion in 2018, but the startup also expects to have a loss of RMB 5.1 billion in 2018, according to the insiders from NIO.
Apr. 8 , 2018
GAC Honda and Dongfeng Honda posted a total delivery of 97,587 vehicles in March, dropping 13% year on year. Dongfeng Honda suffered a year-on-year delivery decrease of 28.9% to 38,637 units, mainly affected by the declining sales of CR-V.
Apr. 4 , 2018
FAW Car Co. Ltd. (FAW Car) turned loss into profits with whole sales and profits seeing large growth in 2017, according to FAW Car’s annual financial report.
Apr. 4 , 2018
Li Shufu, Chairman of Zhejiang Geely Holding Group (Geely), may not attend the annual shareholders' meeting of Daimler AG that will kick off on April 5, insiders revealed to media.
Apr. 4 , 2018