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The wholesale sales of passenger new energy vehicles (NEVs) numbered 1.3 million units in China in August, notching a 24% YoY elevation and a 10% MoM increment, as the China Passenger Car Association (CPCA) released preliminary monthly data estimating.It was expected that cumulative wholesale sales for 8M25 reached 8.93 million ...
Recommend
2
Positive
7
Negative
2
According to a report from CMBI, even though GAC GROUP (02238.HK) recorded a loss of RMB1.3 billion for 2Q25 (below the broker's expectations), the market is not expected to focus on its profit and loss status this year, as the new model to be launched next year in collaboration between GAC GROUP and Huawei could be more com...
Recommend
78
Positive
129
Negative
34
Jinan City officially kicked off the third round of automobile consumption subsidy activities for the second half of 2025 yesterday (1st), with the subsidy program running until the end of September. The total subsidy fund amounts to RMB12 million, disbursed on a first-come, first-served basis according to the order of applicati...
Recommend
48
Positive
101
Negative
36
With the diversification of domestic demand and exports in Mainland China, the structure of regional car markets is changing, China Passenger Car Association (CPCA) Secretary-General Cui Dongshu said in a post. Under the favorable environment of the national "Two New" policies promoting domestic consumption of passenge...
Recommend
8
Positive
13
Negative
0
BofA Securities released a report raising the target price of GAC GROUP (02238.HK) from HKD3.5 to HKD3.6, maintaining a Neutral rating on its H-shares. GAC GROUP's net loss in 2Q25 reached RMB1.8 billion, missing market expectations.In view of the 2Q25 results, the broker forecast a net loss of RMB500 million for the full ye...
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Positive
139
Negative
45
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Positive
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95
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93
Positive
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Positive
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2
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Positive
17
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3
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81
Positive
170
Negative
51
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103
Positive
173
Negative
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