FAW Xiali plans to transfer its 15% stake in Tianjin FAW Toyota to FAW Group Corporation, another stakeholder of Tianjin FAW Toyota, according to FAW Xiali’s announcement.
Oct. 29 , 2018
Chinese automaker Great Wall Motor (GWM) confirmed that Jens Steingraeber, CEO of WEY brand, has resigned from the company for taking care of his ailing family member and will no longer hold any position in GWM.
Oct. 29 , 2018
CATL saw its revenues for the first three quarters leap 59.85% year on year to RMB19.136 billion. Its net profits from the January to September dropped 7.47% over a year ago to RMB2.379 billion.
Oct. 29 , 2018
Lotus Cars sets up an engineering unit in Hangzhou and a R&D center in Ningbo of China’s Zhejiang Province to support the global development of new Lotus models by utilizing Geely’s abundant resources, according to local media.
Oct. 26 , 2018
Faraday Future (FF) announced today that it made a “desicive victory” over the application for emergency relief against Evergrande Health submitted to Hong Kong International Arbitration Centre.
Oct. 25 , 2018
From the table made by Gasgoo, it could be learnt that most luxury car makers attained positive YoY growth in both September sales and year-to-date (YTD) sales.
Oct. 25 , 2018