Market & Industry
Mercedes-Benz to recall 127 G-Class SUVs in ChinaAug. 22 , 2012
Balancing the give and take in GM's Chinese partnershipAug. 20 , 2012
Volvo cars sales shrink in China in JulyAug. 20 , 2012
Chinese own brand manufacturers see net profits fall in first half of 2012
Gasgoo.com (Shanghai July 23) - Performance reviews reveal that the first half of the year has been especially tough for domestic Chinese own brand manufacturers. According to a report appearing in the Securities Daily today, the majority of own brands announcing negative growth in their net profits for the first half of the year, with FAW Car going as far as reporting a 75 million yuan ($119.07m) deficit, equivalent to a year-on-year decrease of over 35 percent.
Aug. 18 , 2012




