China Car Sales

The Latest

  • FAW Group Ups 2021 Sales Targets For Trending Hongqi Brand On Demand
    FAW Group
    New image for Hongqi now sees the China vehicle maker rivalling competition from BMW and Mercedes-Benz.
  • Volkswagen-SAIC JV To Produce Audi Sedans In Shanghai Plant
    SAIC Volkswagen
    Volkswagen and SAIC reportedly plan to invest around 4.13 billion yuan to retool its Shanghai plant to produce Volkswagen's Audi A7L luxury sedans.
  • CHINA ROUNDUP: Cambricon Sets Shanghai IPO; Commercial Vehicle Sales Lift Auto Market
    China cars
    AI company Cambricon Technologies has valued its shares at RMB64.39 (US$9.18) for its IPO, while China's auto sales market got a needed boost from sales of commercial vehicles.
  • Sales Of Tesla's China-made Model 3 Hit New Record In May
    Tesla China
    Tesla managed to sell 11,095 China-made Tesla 3s in May, a huge jump from the 3,635 units it managed to sell in April.
  • Jaguar Land Rover Acquires 5 Billion Yuan Loan To Bolster Chinese Business
    Jaguar Land Rover
    Jaguar Land Rover acquired the three-year revolving loan from the Bank of China, the Bank of Communications, China Construction Bank, and the Shanghai Pudong Development Bank.
  • 2020 Hainan International Auto Show Attracts $200 Million Worth Of New Deals
    Hainan International Auto Exhibition
    The 17th annual auto show held at the city of Haikou, which concluded on Sunday, managed to attract over 1.5 billion yuan in new transactions.
  • SAIC Motor Reports Promising Rebound In Car Sales For April
    SAIC Motor
    SAIC Motor sold a total of 433,000 vehicles in April, a big jump from the 679,028 units it sold for the entire first three months of the year.
  • Daimler Business In China Rebounds After Economic Reopening
    RIGGED
    Daimler sold more than 50,000 vehicles in China for the month of March, a sign of recovering sales after months of decline.
  • SAIC Motor Reports First Annual Profit Decline Since 2011
    SAIC Motor Corporation
    The Shanghai-based automaker reported a 28.9 percent drop in profits and a 6.88 percent decline in revenues in 2019.
  • China's Car Sales Down In March, But Industry Sees Rebound
    CHINESE CARS
    China's car sales fell 8.2 percent in 2019, under pressure from new emission standards and friction with the US.
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