- SAIC Motor to acquire 28.92% stake in CAR Inc. for mobility service development
SAIC Motor announced on July 2 that its wholly-owned subsidiary SAIC Motor HK Investment Limited (SAIC HK) plans to acquire not fewer than 613,377,424 shares in CAR Inc., a Hong Kong-listed mobility s...
July 03 , 2020
- Chery Holding posts MoM sales growth for 4th month in a row
Chery Holding sold 46,189 new vehicles in June, a growth of 10.9% over a month ago. The company said it has gained month-on-month increase for the fourth month in a row.
July 03 , 2020
- Gasgoo University| Outbound Investment in France
July 02 , 2020
- China’s Vehicle Inventory Alert Index in June edges up 2.6 percentage points MoM
China’s Vehicle Inventory Alert Index (VIA) stood at 56.8% in June, which climbed 2.6 and 6.4 percentage points compared to the previous month and the previous year respectively, according to the Ch...
July 02 , 2020
- JAC Motors to set up mid-/high-end MPV base in Bozhou
JAC Motors inked on June 30 an agreement with Bozhou municipal government to build mid-/high-end MPVs at Anhui Jianghuai Anchi Automobile Co., Ltd., a wholly-owned subsidiary of the Hefei-based automa...
July 02 , 2020
- Geely Auto to go through pre-listing tutoring before listed on Sci-Tech Board
Geely Automobile Holdings Limited (called “Geely Auto” for short) is ready to be tutored by two securities companies before its initial public offering of A shares and listing on the science and t...
July 02 , 2020
- FAW’s Hongqi boasts 111% YoY hike in first-half sales
Hongqi, the premium auto brand of FAW Group, announced that its new vehicle sales topped 15,400 units in June, surging 92% compared to the year-ago period.
July 01 , 2020
- Brilliance Auto’s parent registers mobility service subsidiary
Huachen Automotive Group Holdings Company Limited founded on June 29 a wholly-owned mobility service subsidiary that involves a registered capital of 100 million yuan.
July 01 , 2020
