Skip to main content

Posts

Showing posts with the label Wuling

Chinese Carmakers Unveil New Pickup Trucks as Bans Are Lifted

Great Wall Motors, Wuling Motors, SAIC Maxus Automotive and Jiangling Motors all displayed new pickup truck models at the ongoing Chengdu Motor Show in southwestern China as more Chinese cities lift their restrictions on driving small vans on urban roads. The pickup model is very popular in China but the lightweight truck has been banned from many cities’ streets because of environmental pollution, traffic management, road maintenance and other concerns. Since last year, however, several local governments have scrapped the ban and even first-tier cities are beginning to grant them entry. The major metropolises of Shanghai and Chongqing have recently announced they will ease restrictions. Beijing is actively looking into it, an official from the China Association of Automobile Manufacturers said not long ago. This paves the way for other first and second-tier cities to follow suit and is a rare market opportunity for carmakers, said Cui Dongshu, secretary general of the China Passenger ...

GM China’s Q2 Car Sales Declined by 5% as Market Is Back on Track

General Motors and its joint ventures delivered about 713,600 vehicles in China in the second quarter, narrowing its YOY declines from 43 percent in the first quarter to 5.35 percent from a year earlier, while China’s car market and economy have been recovering from the Covid-19 pandemic.  Buick delivered 213,500 units in the second quarter, an increase of 7.8 percent from a year earlier. Cadillac’s sales was about 58,500, 12.06 percent lower from a year ago. Chevrolet delivered 77,600 vehicles, down 27.78 percent from a year ago as cutting price fails to boost its sales.  Baojun’s sales declined the most among all these brands, a decrease of 30 percent to 94,100 from a year earlier. Wuling, the China’s leading mini-van brand, increased by 9.63 percent to 269,800.  China’s auto sales are expected to grow 11 percent to 2.28 million in June, indicating a growth for three consecutive months in the country’s auto market, according to data released by the China Automobile Deal...