Some Chinese automakers show off concept sportscars, amid auto market slump

  • 📰 CNBC
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Auto sales in the world's largest car market are down 9.7% for the first eight months of the year from the same period in 2019, according to official reports.

The convertible electric sports vehicle features a yellow interior with striped pink sections, evoking a rainbow. The car was developed by GAC's global design team, particularly designers from the company's Los Angeles office, according to GAC.

"Before the advent of electric vehicles, making sports cars accessible to everyone was also ambitious," he said, adding, "We hope that the Enpulse will chart the course for the realization of our ambition and make the classic sports car romance accessible to everyone." Also attracting a bit of a crowd at the Beijing auto show was state-owned Hongqi's S9 sports car. The hybrid turquoise vehicle was first unveiled at the Frankfurt auto show in September 2019, according to state media, and claims a maximum speed of 400 kilometers-an-hour.

The brand announced in April it will set up a joint venture with New York-based SILK EV to manufacture the Hongqi S luxury sports car series, according toThe article also said Hongqi sold more than 25,000 cars in the first quarter of the year, or an 88% gain over the same period in 2019.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Anything made in China by a Chinese company is one way ticket to 6 feet under

Not only are they ripping off the designs of other Japanese, US, or European cars, they are also ripping off the technology developed. Chinese cars are junk. They are free to sell them in China but don't let them export it to the world.

Which US or European automakers are they ripping their designs from?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs says higher real yields 'exacerbated' the stock market sell-off | Markets InsiderGoldman Sachs trading booth on the floor of the New York Stock Exchange in New York, on Thursday, January 6, 2011. Ramin Talaie/Corbis/Getty Ima...
Source: BusinessInsider - 🏆 729. / 51 Read more »