1. BYD Becomes China’s Largest Automotive Group

In September, BYD officially surpassed SAIC Group to become the largest automotive group in China. BYD's September sales reached 419,426 units, compared to SAIC's 313,260 units.

2. Denza D9 Officially Launched in Singapore

Denza held its brand launch event in Singapore, where the right-hand-drive version of the Denza D9 was simultaneously released. The price ranges from 296,888 to 341,888 Singapore dollars, equivalent to approximately 1.606 to 1.849 million RMB.

3. SAIC Group Sold 310,000 Vehicles in September

SAIC Group reported total production of 336,732 vehicles in September, a 22% year-on-year decrease, and total sales of 313,260 vehicles, marking a 35% drop year-on-year.

4. SAIC Volkswagen and SAIC GM September Sales Decline

SAIC Volkswagen's September sales reached 94,000 units, down 21.67% year-on-year, with cumulative sales of 772,091 units in the first nine months, a 7.24% drop. SAIC GM’s September sales hit 100,000 units, a 77.95% decrease year-on-year, with cumulative sales for the year at 724,259 units, down 61.55%.

5. Geely May Shift EV Factory Plan from Poland to Spain

Due to slow decision-making by the Warsaw government, Zhejiang Geely Holding Group Co. may abandon its plan to build an electric vehicle factory in Poland and instead opt for Spain, according to insider sources.

6. Spy Photos of Denza N9 Released

Recently, spy photos of the Denza N9 surfaced online. Reports suggest the vehicle will measure 5.3 meters in length, feature Y3 technology, and is expected to be officially unveiled by the end of this year.

7. Porsche’s China Deliveries Drop Nearly 30% in First Three Quarters

Porsche announced that global deliveries from January to September 2024 reached 226,000 vehicles, a 7% year-on-year decline. In China, deliveries fell by 29% to 43,280 vehicles.

8. Volkswagen Group Global Sales Decline by 7.1% in Q3

Volkswagen Group reported a 7.1% decline in global sales in the third quarter, totaling 2.176 million vehicles. Electric vehicle sales fell 9.8% to 189,000 units, with China sales down 15% to 711,500 units.

9. BMW Skytop Flagship Supercar Goes Into Production

BMW recently announced the production of its new flagship supercar, the Skytop, which will be limited to 50 units worldwide. While pricing has not yet been disclosed, it is expected to be around one million dollars, based on previous models.

10. Fisker’s Bankruptcy Liquidation Plan Approved

U.S. electric vehicle startup Fisker received court approval for its bankruptcy liquidation plan. Fisker filed for bankruptcy in June after failing to secure a production deal with Nissan for its electric vehicles.