Who is the most troublesome in the sluggish car market?

In the first half of 2019, China's auto sales fell 12.4% year-on-year. Except for Toyota, Honda, Great Wall and most luxury brands, other manufacturers have fallen more or less. The question is who is the most painful.

English2019-07-23 15:09:57

Is it an "alarmism" to say that overcapacity in the auto industry?

“Overcapacity” has always been a hot topic in the auto industry. Since 2013, China’s auto production and sales have exceeded 20 million units. At that time, the Chinese auto market is in the golden stage of rapid development, coupled with an annual sales volume of 20 million. Many car companies have seen the huge potential of the Chinese market and began to expand their capacity reserves.

English2019-07-09 17:37:02

China Auto Trending Hashtag| China FAW development plan/ FAW Toyota sales growth

In the first half of 2019, FAW Toyota has unveiled four new cars, enriching and refining its product line-up.

English2019-07-03 13:29:59

Roewe’s sales continued to fall, and bigger pressure in 2nd half

In the first half of 2019, the Chinese auto market continued its downward trend.

English2019-06-27 17:33:00

Achilles heel behind Geely’s sales and stock price plunging

After the high performance in 2018, Geely began to decline rapidly in 2019.

English2019-06-25 20:22:53

China Auto Trending Hashtag| SAIC & Mansour/ FAW-Audi Sales Company

Recently, SAIC signed a strategic cooperation framework agreement with Mansour Automotive Group, Egypt's largest auto sales company. The two companies announced the establishment of a joint-venture sales company.

English2019-06-19 13:57:35

Geely down another 27% in May, only complete 37% of 2019 sales target currently

In April, Geely's sales volume was only 103,900 units, down 19% year-on-year. Recently, IIA learned from Geely: Geely, including the LYNK&CO brand, sold only 90,309 units in May, down 27% year-on-year and down 13% from the previous month, falling for two consecutive months. In the first five months of this year, Geely's cumulative sales volume was 560,805 units, down about 12% year-on-year, and only completed 37% of the annual sales target of 1.51 million units.

English2019-06-11 17:02:09

Lexus up 27% in first five months, exceeded 1m users

In 2018, Lexus hit a record high in sales in China with a total of 160,468 new cars been sold, a year-on-year increase of 21%. In 2019, Lexus continued to maintain rapid growth. On June 1, IIA learned from Lexus that the company sold nearly 76,000 vehicles in the first five months, a year-on-year increase of 27%. It is worth mentioning that, at present, the number of Lexus's users in China have exceeded 1 million.

English2019-06-03 16:07:17

“The last crazy”before NEV subsidies phase-out

This year, the policy of NEV subsidies that will continue to phase-out caused a strong reaction from consumers. At the same time, car companies also introduced different response policies. Thus, “The last crazy” in the new energy passenger vehicle market appeared before the subsidy removal. IIA learnt from China Passenger Car Association (CPCA) that in April, the sales volume of new energy passenger vehicles in narrow sense was 86,000 units, a year-on-year increase of 24.6% but a decrease of 18.9% over the previous month. The cumulative sales volume from January to April was 335,000 units, an increase of 83.9% year-on-year.

English2019-05-16 15:41:23

Ora mirrors the true strength of GWM

Recently, the China Passenger Car Association (CPCA) released the sales data of NEVs in the first quarter of this year. Among them, as a large number of new products being introduced into the market, the rankings of the brands were also changed compared with the same period last year. The newly launched Ora R1, whose brand is under the Great Wall Motor (GWM), entered the first quarter of the new energy sales list for the first time, and ranked ninth. Since its launch in January 2019, the Ora R1 has increased in three consecutive months, with sales reaching 7,588 units, creating a good start for GWM.

English2019-05-06 16:32:16