Gasgoo Daily: Bringing You the Latest Automotive News from China
Gasgoo Daily is your go-to source for daily updates on the automotive industry in China. Our team works tirelessly to bring you the most important news and developments, ensuring you stay ahead of the curve. From new market entries to exciting product launches, we cover it all.
SGMW Expands into Central Asian Market
SAIC-GM-Wuling (SGMW) recently inked a strategic agreement with Mansour Group and ASAKA Motors to enter the Uzbekistan market. This move marks a significant milestone in SGMW’s global expansion strategy, aiming to provide high-quality automotive products to Central Asian consumers.
Haima Finance Reports Impressive Revenue Growth
Haima Motor’s subsidiary, Haima Finance Co., Ltd., has seen a 4.38% year-on-year increase in revenue for 2024. The company is expected to achieve a total operating revenue of 80.79 million yuan, with a net profit of 17.22 million yuan.
Mercedes-AMG Launches New Model in China
The all-new Mercedes-AMG GT 63 S E PERFORMANCE has made its debut in the Chinese market, priced at 2.2855 million yuan. This latest model, based on the AMG sports car architecture, represents a significant advancement in Mercedes-AMG’s product lineup.
SGMW Celebrates Production Milestone
SGMW recently rolled off its 30 millionth complete vehicle, a Wuling Xingguang S, making it the first indigenous automaker in China to achieve this production milestone. This achievement underscores SGMW’s position as a key player in the automotive industry.
Exciting Developments in the Automotive Sector
From Volkswagen’s latest ID.4 CROZZ model hitting the market to General Motors’ impressive sales growth in China, the automotive industry is abuzz with activity. Chinese companies like NIO, GAC AION, and NEOLIX are also making waves with innovative new products and technologies.
Stay Informed with Gasgoo Daily
For more updates on the latest automotive news from China, be sure to follow Gasgoo Daily. Our team is dedicated to bringing you the most relevant and insightful information to keep you informed and engaged. Don’t miss out on the latest developments in the dynamic world of automotive technology and innovation.