The registered capital of NIO (Anhui) Holding Co.,Ltd., the legal entity of NIO China, has increased to 3.851 billion yuan ($540.605 million) from 11 million yuan ($1,544,184), and has introduced one more shareholder.
Jun. 4 , 2020Lincoln saw its China sales in May exceeded 5,000 units, which soared 39% month on month and jumped 22% year on year, the Ford-owned premium car brand announced earlier this week.
Jun. 4 , 2020A new company has been recently established with a registered capital of 16 billion yuan by five shareholders.
Jun. 4 , 2020Geely, a Chinese highest-profile privately owned automaker, might acquire 15.24% stake in Hualing Xingma Automobile, an Anhui-based commercial vehicle manufacturer listed on Shanghai Stock Exchange, a local media outlet revealed on June 3.
Jun. 3 , 2020Honda announced that its automobile deliveries in China edged down 1.7% from a year ago to 134,230 units in May, while jumped 18.3% compared to April.
Jun. 3 , 2020FAW Group’s independent business unit set for Mazda brand officially started operation on June 1, and it will take over the whole operational businesses of the Sino-Japanese brand from FAW Car Co., Ltd, according to the Chinese state-owned automaker.
Jun. 3 , 2020










