1. SAIC Motor January Sales Reach 264,166 Units
SAIC Motor reported a production volume of 325,356 units in January, marking a 33.41% year-on-year increase. The company’s sales totaled 264,166 units, reflecting a 7.86% year-on-year growth.
2. FAW-Volkswagen January Retail Sales at 140,400 Units
FAW-Volkswagen announced that its retail sales for January 2025 totaled 140,400 units (including Audi imports). The breakdown includes 77,030 Volkswagen-brand vehicles, 54,270 Audi vehicles, and 9,100 Jetta vehicles.
3. NIO Launches Limited-Time 5-Year Zero-Interest Financing
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On February 1, NIO introduced a 5-year zero-interest car financing plan, with a minimum down payment of 20% and no service fees, as part of a limited-time promotional offer.
4. XPeng Expands to Ireland and Finland
XPeng has officially entered the Irish and Finnish markets, hosting launch events in Dublin and Helsinki. The XPeng G9 debuted in Finland, while the XPeng G6 was unveiled in both Ireland and Finland.
5. Leadership Change at GAC Group
GAC Group announced that Zeng Qinghong, the former chairman, has retired upon reaching the age limit. Feng Xingya, a board member, has been elected as the new Chairman of the Sixth Board of Directors.
6. Lexus Announces New EV Factory in Shanghai
Toyota has confirmed plans to independently establish a new Lexus electric vehicle and battery production facility in Jinshan District, Shanghai, as part of its commitment to supporting China’s green and low-carbon initiatives.
7. Huawei’s “5D Crab Walk” Trademark Application
Tianyancha records show that Shenzhen Yinwang Intelligent Technology Co., Ltd., a Huawei-affiliated company, has applied for trademarks including “5D Crab Walk” and “Waltz U-Turn” under categories such as transportation, online services, and communications.
8. Tesla China Introduces Model 3 Purchase Incentives
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On February 5, Tesla China announced a special Model 3 promotional package, including:
- ¥8,000 insurance subsidy
- 5-year zero-interest financing
- Exclusive charging benefits
After discounts, the Model 3 RWD version starts at ¥227,500.
9. Volvo Global Sales Down 5% in January
Volvo Cars reported a 5% year-on-year drop in global sales for January 2025, with total deliveries reaching 50,820 units.
10. Nissan and Honda End Merger Talks
Nissan has officially withdrawn from merger discussions with Honda, deciding to terminate their Memorandum of Understanding regarding a potential integration via a joint holding company. The talks ended due to disagreements on merger terms and equity structure. (CCTV News)