China Association of Automobile Manufacturers (CAAM) released the final output and sales data for the industry earlier this week (see First negative growth in 28 years: China auto sales down 13 percent in December, YTD sales fall 2.

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BEIJING – China’s bus sales reached 48,000 units in November, down 12 percent from the same period of the previous year, according to statistics released recently by China Association of Automobile Manufactures (CAAM).

It’s time to reflect. As the year 2018 is behind us and automakers brace for what might be the most disastrous month on record as far as the current wave of auto sales plunge is concerned and suddenly find themselves in a misty and unpredictable path, we can think about some of the memorable news events that shaped China’

HANGZHOU, Zhejiang – Geely Automobile Holdings (Geely Auto) and Contemporary Amperex Technology (CATL) announced on December 20 that they have reached agreement to form a joint venture company to produce and develop vehicle batteries for new energy vehicles.

SHANGHAI – Wei Yanqin, former president of Borgward and vice president of Beiqi-Foton Motor Co., Ltd.

BEIJING – Baidu said in a statement on December 25 that it has received 20 additional autonomous vehicle road testing permits in Beijing, a day after it became one of the first companies to receive similar permits issued in nearby Tianjin.


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