Car Market

Key Takeaways: Cango has launched a new app, AutoCango, to facilitate the export of used Chinese cars to dealers in developing markets The company’s revenue plunged 73% in last year’s fourth quarter, but it remains relatively well regarded by investors due to its conservative stance in...

Key Takeaways: Changjiu Holdings, a subsidiary of Changjiu Group, has been expanding its revenues in recent years but profits have been volatile, falling nearly 27% in the first half of this year despite higher turnover Aside from vehicle monitoring, the firm manages dealership operations on...

New car inventories have risen for the eighth consecutive month, which could indicate a shift in the auto market. This Friday, the Manheim Index — the premier indicator of pricing trends in the used vehicle market — will release the latest update of its Used Vehicle Value Index. This...