Market & Industry
SAIC Motor posts 18.95% YoY growth in H1 net profit
SAIC Motor posts 18.95% YoY growth in H1 net profit

SAIC Motor reported a year-on-year jump of 18.95% in net profit with earning RMB 18.982 billion for the first six months.

Aug. 31 , 2018
GWM achieves 52.73% surge of net profits to RMB 3.696 billion in H1
GWM achieves 52.73% surge of net profits to RMB 3.696 billion in H1

Great Wall Motor (GWM) achieved a 52.73% surge of net profit attributable to shareholders of listed company to RMB 3.696 billion from January to June. Its revenue reached RMB 48.68 with a year-on-year growth of 17.99% during the first half of 2018.

Aug. 31 , 2018
Dongfeng Peugeot to launch 12 new models in three years
Dongfeng Peugeot to launch 12 new models in three years

Dongfeng Peugeot recently announced its direction in the Chinese market over next three years, together with its product plan, including the Peugeot 5008, the all-new Peugeot 508 and new energy vehicle(NEV) models.

Aug. 30 , 2018
GAC Trumpchi spreads roots in Russia
GAC Trumpchi spreads roots in Russia

GAC Trumpchi plans to set up its first overseas sales subsidiary in Russia, which might start operation this year, according to local media.

Aug. 30 , 2018
Geely Binrui hits markets, priced at RMB 79,800 to RMB 110,800
Geely Binrui hits markets, priced at RMB 79,800 to RMB 110,800

Geely Auto will announce the official guide price of its all-new compact sedan called the Binrui tonight. The new model’s presale price released before is ranging from RMB 90,800 to RMB 118,800.

Aug. 30 , 2018
Brilliance China H1 net profits soar 54.3% year on year
Brilliance China H1 net profits soar 54.3% year on year

Brilliance China Automotive Holdings Ltd. (Brilliance China) said in its semi-annual report that the interim profits attributable to shareholders soared 54.3% year on year to RMB 3.566 billion in the first half of 2018.

Aug. 29 , 2018