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BYD overtakes VW’s 15-year-run as top seller in China

Baua Electric

500,000th BYD Dolphin rolls off assembly line (Source: BYD) China’s behemoth BYD overtook Volkswagen as the best-selling car brand in China last year, the first time any carmaker outsold the German brand since at least 2008. to 191,800 in China, while total sales grew 1.6% Chinese automakers expect to have sold some 9.4

BYD 52
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
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MINI realigning model range with emphasis on electromobility; crossover & premium compact segments; and China

Green Car Congress

The British premium automobile manufacturer MINI is realigning its model range, with a focus on drivetrain technologies, vehicle segments and services of the future. In 2008, MINI was a trailblazer for electromobility in the BMW Group. Electrified vehicles now account for 10% of MINI sales.

China 170
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GM China and FAW Establish Light Commercial Vehicle Joint Venture

Green Car Congress

It is focused on the production and sale of light-duty trucks and vans. which is located in Ha’erbin, Heilongjiang, and FAW’s share in Hongta Yunnan Automobile Manufacturing Co., In December 2008, the two parties signed a joint venture contract. It also will engage in R&D, exports and aftersales support.

Light 210
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Volkswagen Group to invest €51.6B over next five years; seeking to make itself future-proof

Green Car Congress

The ratio of capital expenditure to sales revenue will be at a competitive level of around 6% on average in the period 2011 to 2015. This amount will be funded in full from the cash flow generated by the Chinese joint ventures. The joint ventures in China are not consolidated and are not included in the above figures.

Future 199
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Vehicle sales on the rise in China

Green Cars News

Sales of domestically produced vehicles in the country shot up by 64 per cent in July compared to the same month in the previous year. This means that sales topped the one million unit mark for the fifth month in a row, according to the China Association of Automobile Manufacturers.

China 36
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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

In 2009, China overtook the United States as the world’s largest automobile market with sales increasing 46 percent from 2008 to 13.6 million vehicles in 2009, according to the China Association of Automobile Manufacturers. ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation.

China 186