- JAC to see net profit skidding by 58% in 2017
Anhui Jianghuai Automobile Group Corp., Ltd. (JAC) predicted its 2017 net profit attributable to shareholders will plunge around 58% year on year, decreasing 677 million based on its 2016 net profit o...
Jan. 31 , 2018
- Tianjin FAW Xiali estimates loss of RMB 1.6 billion for 2017
Tianjin FAW Xiali estimated a loss of RMB 1.605 billion to RMB 1.685 for the financial achievements in 2017, according to the automaker.
Jan. 31 , 2018
- GM to launch 15 news models in China 2018
General Motors (GM) announced that the company plans to launch a total of 15 new models and refreshed models in China this year.
Jan. 30 , 2018
- Haima shares plummet as annual sales drop sharply
Haima Automobile shares posted the sharpest fall in the past two years, plummeting by 9.64 percent at RMB 4.22 and vaporizing RMB 680 million in market value.
Jan. 30 , 2018
- Chongqing Sokon expects 2017 net profit to rise 36 to 43% year on year
Chongqing Sokon Industry Group Stock Co.,Ltd (Chongqing Sokon) said it expects to achieve 2017 net profit of RMB 700 million to RMB 735 million, rising 36 to 43 percent year on year.
Jan. 30 , 2018
- Lifan Group to see year-on-year net profit growth of 72% to 121% in 2017
Lifan Group revealed that the company expects to achieve a year-on-year operating revenue growth of over 10% in 2017. The net profit attributable to shareholders may increase RMB 60 million to RMB 100...
Jan. 29 , 2018
- Ford China CEO resigns
Ford China announced that Jason Luo resigned as chairman and chief executive officer of Ford China. Luo became the leader of Ford China business only about five months ago and its resignation was effe...
Jan. 29 , 2018
- Great Wall 2017 net profit slumps 52.28% year on year
Chinese automaker Great Wall Motor revealed that the company may achieve operating revenues of nearly RMB 101.169 billion, up 2.59% year on year, while the net profit attributable to shareholders slum...
Jan. 29 , 2018
