China Automobile Association: Automobile production and sales completed 2.406 million units and 2.359 million vehicles respectively in April, up 12.8% and 9.3% year-on-year, respectively
In April, automobile production and sales completed 2.406 million units and 2.359 million units, respectively, down 10.5% and 12.5% from the previous month.
Sudden drop! Can't cars be sold in April?
On May 10, the National Passenger Vehicle Market Information Association (hereinafter referred to as the “Passenger Federation”) released data.
Cui Dongshu: Passenger car retail experienced a cyclical month-on-month decline in April
The passenger car market's retail performance in the first quarter of 2024 was strong, mainly due to base factors. Growth was weak in April, and there is still potential for a return to better growth in the future.
In April, sales volume was 2.36 million vehicles, and nearly 60% of A/H listed car companies declined month-on-month, and their own brands anchored overseas markets
① “Passenger car retail sales showed a cyclical month-on-month downward trend in April due to factors such as price instability. The new vehicle price war for new energy vehicles has brought about a certain increase, but it is not very sustainable and there is serious internal segmentation.” Cui Dongshu, Secretary General of the Passenger Federation, said in an analysis. ② Judging from SAIC Motor Group and GAC's “double decline”, the poor sales volume of fuel vehicles under the joint venture brand is the main reason for their current situation.
Express News | China Automobile Association: Sales volume of new energy vehicles in April 2024 was 850,000 units, up 33.5% year on year
Express News | China Automobile Association: Domestic passenger car sales in April were 1.572 million units, down 13.2% from month to month, up 5.1% year on year
Express News | China Automobile Association: Automobile sales volume in April 2024 was 2.359 million units, up 9.3% year on year
Express News | It is expected to exceed 4.6 million units, and the market share of Chinese brands for passenger cars is expected to reach 60%
Xiaomi won the April car market traffic
The discount rate in the automobile market has reached a new high, yet inventory pressure has not decreased.
GWMOTOR To Go Ex-Dividend On May 28th, 2024 With 0.33011 HKD Dividend Per Share
May 10th - $GWMOTOR(02333.HK)$ is trading ex-dividend on May 28th, 2024. Shareholders of record on May 29th, 2024 will receive 0.33082 HKD dividend per share on June 26th, 2024. The ex-dividend da
Great Wall Motor (601633.SH): The board of directors obtained general authorization to repurchase A shares and H shares
Gelonghui, May 10, 丨 Great Wall Motor (601633.SH) announced that the board of directors is authorized to exercise the full authority of the Company to repurchase H shares with a face value of RMB 1 per share issued by the Company and listed on the Hong Kong Stock Exchange and A shares with a face value of RMB 1 per share listed on the Shanghai Stock Exchange in accordance with all applicable laws, regulations and regulations and/or requirements of the Chinese government or regulatory authority competent for securities affairs, the Hong Kong Stock Exchange, or any other government or supervisory authority during the relevant period; the total face value of the Company's H shares shall not exceed the relevant resolution during the relevant period At the Company's Annual General Meeting of Shareholders
China NEV Retail Falls to 674,000 in Apr, Penetration Reaches Record 43.7%
The NEV segment fared better than the overall automotive market, while PHEVs outperformed BEVs.
POLL RESULTS OF(1) ANNUAL GENERAL MEETING(2) H SHAREHOLDERS'' CLASS MEETING AND(3) A SHAREHOLDERS'' CLASS MEETING
Great Wall Motor (02333) will pay a final dividend of 0.3 yuan per share on June 26
According to the Zhitong Finance App, Great Wall Motor (02333) announced that the company will pay a final dividend of RMB 0.3 per share for the year ended December 31, 2023 on June 26, 2024.
Express News | Great Wall Motor: It already has the capacity to prepare small-capacity all-solid-state soft-pack batteries and will speed up the application of solid-state batteries
Express News | Passenger Federation: In April, BYD exported 41,011 vehicles, Tesla China 30,746 vehicles
Express News | Passenger Federation: The implementation of the trade-in policy is a major benefit to the car market. It is expected that the retail sales of the car market in May will be better than in April
Express News | Biden was revealed to announce new tariffs on China's electric vehicles and the like as soon as next week. China: The US side made mistakes and mistakes
Express News | Passenger Federation: The release of the implementation rules for automobile trade-in subsidies is a major benefit. It is expected to increase annual consumption by more than 100 billion yuan
Express News | Passenger Federation: In April, retail sales in the national passenger car market fell 5.7% year on year; retail sales in the new energy vehicle market increased 28.3% year on year
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