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Evergrande Auto’s HK Stock Closes Down Over 24%

Evergrande Auto closed down 24.66% to HK $3.88 per share on Tuesday, with a total market value of HK $37.904 billion ($4.873 billion). Previously, Evergrande...

New-Vehicle Prices Surge to Record Highs for Fifth Straight Month in The U.S.

According to a new report from Kelley Blue Book, new-vehicle prices hit another all-time high in August 2021, marking the fifth straight record-setting month....

Why NIO suffers most from supply chain shock among Chinese EV trio?

US-listed Chinese EV trio -- NIO, XPeng Motors and Li Auto all released their August delivery figures on Wednesday, with NIO emerging as the...

Forecast: August New-Vehicle Sales Pace Slowest of 2021 in the U.S. Due to Low Supply

U.S. auto sales are forecast to be squeezed even tighter in August by a worsening supply situation. The pace of auto sales, or seasonally...

Tesla Brakes Became Trending Topic on Weibo 130 Times in First Half of 2021

On Tuesday, Chinese Twitter-like social media platform Weibo published its “Trending Topic Report” for the first half of this year. Regarding the trending topics...

In the U.S. Automobile Prices Hit All-Time High in July 2021

- New-vehicle affordability hits 10-year low in July as high prices, low incentives combine to put pressure on new-vehicle shoppers. - Average new-vehicle transaction prices...

Forecast: Tight Supply Puts Brakes on New-Vehicle Sales in The U.S.

July U.S. auto sales are expected to reveal a new-vehicle market that has a large problem – too few products to sell. The sales...

Average New-Vehicle Prices Hit All-Time High In The U.S.

The estimated average transaction price (ATP) for a light vehicle in the United States was $42,258 in June 2021, according to the analysts at...

Geely Automobile Sales Hit 100,163 Units, Down 9% Year-on-Year

Chinese automaker Geely Automobile announced on Tuesday that the company’s total sales volume in June saw a year-on-year decrease of about 9% and a...

EV-maker NIO to launch flagship store in former Beijing steel plant

Chinese electric vehicle maker NIO plans to open a flagship store in Shougang Industrial Park, a reclaimed steel plant in Beijing's western Shijingshan district....

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