Search
Gasgoo.com (Shanghai) - A total of 1.73 million passenger automobiles were sold in the month of May, according to statistics from Gasgoo.com (Chinese). That figure represents year-on-year growth of 13.6%. 652,022 of these vehicle sales were from own brand manufacturers, representing positive year-on-year growth of 20.3%. By comparison, joint venture automobile sales only grew 9.9%. Joint venture sales for the month totaled 1.07 million units. Sales growth of JV vehicles were far below both own brand passenger automobile sales and the market average. JV sales accounted for 62.3% of all passenger automobiles sold in May, down from 64.4% sold the previous year, while own brand automobile sales grew from 35.6% in May 2015 to 37.7% this May.
Jul. 12 , 2016The subsidiary BYD Automotive Industry Co. Ltd. won two bids of alternative energy vehicles purchasing project, valuing at RMB 1.796b and 192m respectively.
Jul. 9 , 2016SGMW, one of leading automakers in China, may bring E100 to the market, the first mode of alternative energy vehicle, by the end of 2016. E100 seems more like Benz-Smart. Price of the new mode may be no less than RMB 40,000 yuan.
Jul. 9 , 2016




