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 service provider.
Jul. 3 , 2020
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.
Jul. 3 , 2020
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.
Jul. 1 , 2020
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.
Jul. 1 , 2020
Li Hongpeng, a former senior executive of Ford Motor, has been appointed as Vice President of Commerce of Hyundai Motor Group (China) Ltd., managing Hyundai’s China strategic planning and market expansion business.
Jun. 30 , 2020