China Car Sales
The Latest
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FAW Group Ups 2021 Sales Targets For Trending Hongqi Brand On Demand
New image for Hongqi now sees the China vehicle maker rivalling competition from BMW and Mercedes-Benz. 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
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. 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
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. 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 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. 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 acquired the three-year revolving loan from the Bank of China, the Bank of Communications, China Construction Bank, and the Shanghai Pudong Development Bank. 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
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. 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 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. 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
Daimler sold more than 50,000 vehicles in China for the month of March, a sign of recovering sales after months of decline. 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
The Shanghai-based automaker reported a 28.9 percent drop in profits and a 6.88 percent decline in revenues in 2019. 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
China's car sales fell 8.2 percent in 2019, under pressure from new emission standards and friction with the US. China's car sales fell 8.2 percent in 2019, under pressure from new emission standards and friction with the US.