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GAC Group faces YoY dip in Aug. auto sales, but scores YoY surge in both NEV sales, export volume
GAC Group faces YoY dip in Aug. auto sales, but scores YoY surge in both NEV sales, export volume

GAC Group sold a total of 196,761 new vehicles in August 2023, representing a 4% month-on-month rise, but still marking a 9.68% year-on-year decrease, according to the monthly sales results it issued last Friday.

Sep. 11 , 2023
China’s passenger vehicle market scores YoY growth in both Aug. retail, wholesale volumes
China’s passenger vehicle market scores YoY growth in both Aug. retail, wholesale volumes

In August 2023, China's passenger vehicle (PV) market reported robust retail sales, reaching 1.92 million units, marking a 2.5% year-on-year (YoY) increase and an 8.6% month-on-month (MoM) rise, according to the China Passenger Car Association.

Sep. 8 , 2023
SAIC Motor sees Aug. auto sales rise MoM, but fall YoY
SAIC Motor sees Aug. auto sales rise MoM, but fall YoY

SAIC Motor recorded a monthly wholesale volume of 423,319 units in August 2023, representing a month-on-month growth of 5.78%, but still facing a year-on-year decrease of 17.33%, according to the announcement the group issued today.

Sep. 8 , 2023
Honda Motor sees China retail sales dwindle 25.1% YoY in Aug. 2023
Honda Motor sees China retail sales dwindle 25.1% YoY in Aug. 2023

In August 2023, Honda Motor recorded a retail sales volume of 102,257 units in China, representing a 25.1% decline compared to the year-ago period, but still reflecting a 14% increase from the previous month

Sep. 8 , 2023
SERES showcases three new energy SUV models at IAA MOBILITY 2023
SERES showcases three new energy SUV models at IAA MOBILITY 2023

At the IAA MOBILITY 2023 held in Munich, SERES, a Chinese car brand under SERES Group who also owns the AITO brand, made a notable entrance with its lineup of three new energy SUVs.

Sep. 8 , 2023
Shanghai rolls out a slew of measures to vitalize car circulation, expand car replacement
Shanghai rolls out a slew of measures to vitalize car circulation, expand car replacement

The Shanghai Municipal Commission of Commerce, in collaboration with relevant departments, recently unveiled a set of measures aimed at invigorating the automobile consumption market and expediting the phase-out and replacement of older vehicles.

Sep. 8 , 2023