In H1 2026, Chery entered the global top 10 automakers for the first time with 4.1% global market share. This follows BYD (7th) and Geely (9th), making three Chinese OEMs in the top 10 simultaneously for the first time. Chery's exports account for 45% of total sales, with overseas presence in 80+ countries.
1125 hours ago
In late July 2026, SAIC Group and its core divisions including Volkswagen, GM, Passenger Vehicle, and IM Motors simultaneously released personnel appointment and removal information, involving 27 executive positions and CEO changes at 4 vehicle companies. Wu Bing, former General Manager of SAIC Passenger Vehicle and CEO of Rising Auto, was appointed General Manager of SAIC Volkswagen, marking the largest personnel adjustment in SAIC Group in recent years.
4216 hours ago
CaoCao Inc. and Dazhong Transportation signed a strategic agreement on August 3 to jointly explore Robotaxi services in Shanghai and the Yangtze River Delta. CaoCao will lead the full-stack technology solution while Dazhong contributes urban operating capabilities, starting with demonstration operations and gradually advancing toward commercialization.
32312 hours ago
In her latest column, Gasgoo senior commentator Tina provides an in-depth analysis of the transformation challenges facing China's joint venture automakers. Using SAIC-GM's renewal to 2047 as a starting point, the article argues that JVs must shift from "local adaptation" to "China-defined products," requiring fundamental changes across five dimensions: product definition, R&D, technology integration, decision speed, and reverse exports.
15216 hours ago
In H1 2026, Chery Group entered the global top 10 automakers for the first time with a 4.1% market share, tying with Ford for 9th place. BYD, Geely, and Chery collectively hold 13.5% of global sales, exceeding Volkswagen Group's individual share.
3641 day ago
Volkswagen Group and Horizon Robotics are deepening their AI foundation model collaboration through CARIZON, adopting a white-box licensing model to develop a unified AI driving solution, with L3 autonomous driving targeted for delivery in China from the second half of 2027, while L2++ solutions entered mass production in Q3 2026.
27314 days ago
Despite a roughly 20% slump in China's passenger car retail sales, Indiemicro achieved solid growth. Four new product lines each exceeded 10 million yuan in revenue, with cumulative shipments surpassing 500 million units. Clients include Volkswagen, Hyundai, Ford, and GM.
30215 days ago
Volkswagen Group China is deepening AI collaboration with Horizon Robotics through CARIZON, adopting a white-box model to build a proprietary autonomous driving system and advancing L3/L4 mass production.
27115 days ago
In June 2026, pure electric vehicles became the most popular powertrain type in Germany for the first time, surpassing hybrids, gasoline, and diesel vehicles. As the birthplace of the internal combustion engine, Germany's BEV registrations reached 84,057 units, up 78.2% year-on-year, with a market share of 28.4%—the highest among all single powertrain types. This milestone marks the acceleration of the global automotive industry's electrification transition, carrying profound strategic implications for Chinese NEV exports to Europe, Central Asia, and Russia.
20419 days ago
VDA President Hildegard Müller issued a statement highlighting that high energy prices, taxes, social security burdens, and bureaucracy are eroding Germany's manufacturing competitiveness. She called for opening German production sites to foreign manufacturers including Chinese automakers. Meanwhile, Volkswagen plans to cut 100,000 jobs and close four plants as Europe's auto industry undergoes historic restructuring.
26328 days agoVolkswagen Group plans to cut approximately 19,000 jobs in Germany in 2026, with cumulative layoffs exceeding 28,000 by 2030. The massive restructuring follows a 50% plunge in operating profit and a 20% collapse in China sales. German automaking is confronting a triple squeeze of high energy costs, massive EV transition investments, and a reshaped global competitive landscape.
34352 days ago2025 global OEM financials show VW and Toyota each exceeding 2.3 trillion yuan in annual revenue. BYD became the sole Chinese OEM in the global top 10 with 804 billion yuan revenue, ranking eighth with 33.8 billion yuan profit. Chinese OEMs' share of global auto revenue has risen to 18%, though profit scale still significantly trails multinational giants.
28477 days ago
EX1000
