Shaanxi joins a string of Chinese local governments that roll out incentives to provide a lift on automobile sales.
May 29 , 2020
Geely Auto announced on May 29 it has signed an agreement with placing agents, pursuant to which the latter agreed to make their best efforts to have placees procure 600,000,000 placing shares at the price of HK$10.8 per share.
May 29 , 2020
Volkswagen Group agreed to purchase 50% stake in Anhui Jianghuai Automobile Group Holdings Limited, the company parent of Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Motors).
May 29 , 2020
BYD announced on May 26 the introduction of strategic investors of BYD Semiconductor, a subsidiary of BYD, another significant progress in seeking for an independent listing after the semiconductor unit’s internal restructuring.
May 27 , 2020
SAIC-GM-Wuling (SGMW) plans to kick off the presale of the “Victory”, the first vehicle bearing Wuling’s silver global badge, at the 2020 Chengdu Motor Show, which will be held between July 24 and August 2.
May 26 , 2020
China’s Ministry of Industry and Information Technology (MIIT) will orderly remove the restriction on the contract manufacturing of new energy vehicles (NEVs), Miao Wei, minister of the MIIT, said on May 25.
May 26 , 2020