Carmakers at Guangzhou auto show bullish on 2021 outlook – Chinadaily USA

Mercedes Benz showcases its new energy vehicle EQC at the 2020 Guangzhou auto show. [Photo by Cao Yingying/China Daily]

Carmakers from around the globe are showcasing their latest models at the Guangzhou auto show, demonstrating their confidence of 2021’s growth potential.

A total of 38 vehicles from brands ranging from Toyota to Mercedes-Benz made their global debut on Friday, the opening day of this year’s last major event for car aficionados in China.

Chinese and international brands are presenting 980 vehicles at the event’s 220,000 square meter pavilions, according to the show’s organizing committee.

Changan Auto unveiled its latest SUV called UNI-K, which is expected to hit the market in 2021. It is the second model of the Chinese brand’s high-end UNI series vehicles.

Changan said it is one of nine models that will be launched next year.

In the first 10 months of this year, Changan sold 775,000 vehicles, up 22.6 percent year-on-year.

Chinese-Japanese joint venture FAW-Toyota unveiled four models at the auto show with three built based on the new platform, the Toyota New Global Architecture.

Of them is the mid-sized sedan Allion, which made the global debut at the event. FAW-Toyota President Hu Shaohang said it is a strategic model designed with the needs of Chinese customers in mind.

Hu expects the model, together with the Avalon, to open up the mid-and-high-end segment in the Chinese market for the company.

FAW-Toyota sold