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In February 2025, a total of 1.282 million Chinese-branded passenger cars were sold, down 12.1% MoM and up 62% YoY, accounting for 70.6% of total passenger car sales volume, with its sales volume share increasing by 11.2 ppts YoY, according to the statistical analysis of the China Association of Automobile Manufacturers (CAAM).~...
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Li Gang, Director of the Consumption Promotion Department of the Ministry of Commerce (MOC) of China, stated that the ministry is currently guiding local commerce departments, in collaboration with relevant authorities, to systematically carry out the application process for pilot reforms in automobile circulation and consumptio...
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GEELY AUTO (00175.HK)'s 2024 net profit soared by 213% YoY to RMB16.6 billion, beating expectations, according to a Deutsche Bank report.GEELY AUTO's car sales rose by 45% YoY in 2M25, significantly exceeding the company's full-year growth target of 25% YoY.Deutsche Bank predicted the company to record wholesale volu...
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Zeekr (ZK.US), an electric vehicle (EV) brand of GEELY AUTO (00175.HK), has announced that its first super electric hybrid model, the Zeekr 9X, will achieve 0-100 km/h acceleration in 3 seconds across all modles.Positioned as a new global ultra-luxury SUV flagship, the Zeekr 9X is Zeekr's first full-size SUV featuring the de...
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Positive
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GEELY AUTO (00175.HK)'s 2024 revenue increased by 34% YoY, hitting a historical high, while net profit excluding extraordinary profit and loss rose by 52%, beating the market consensus, BOCOMI released a research report saying. The Group set a sales target of 2.71 million passenger cars this year, up about 25% YoY.BOCOMI rai...
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