Anhui Jianghuai Automobile Group Corp., Ltd. (JAC) predicted its 2017 net profit attributable to shareholders will plunge around 58% year on year, decreasing 677 million based on its 2016 net profit of RMB 1.162 billion.
Jan. 31 , 2018
Tianjin FAW Xiali estimated a loss of RMB 1.605 billion to RMB 1.685 for the financial achievements in 2017, according to the automaker.
Jan. 31 , 2018
General Motors (GM) announced that the company plans to launch a total of 15 new models and refreshed models in China this year.
Jan. 30 , 2018
Quanergy will produce LiDAR in Sensata’s, its strategic partner, factory in Suzhou and are expected to have an annual production capacity of 10 million sets, which will be expanded into 100 million, subject to market demands.
Jan. 30 , 2018
Though Zotye’s models look too much alike with the luxury models, it gained great success and currently it will reportedly change its Z-shaped badge with a shield-like badge, which has a letter “V” in the middle.
Jan. 29 , 2018
Lifan Group revealed that the company expects to achieve a year-on-year operating revenue growth of over 10% in 2017. The net profit attributable to shareholders may increase RMB 60 million to RMB 100 million, jumping 72.64% to 121.06% year on year
Jan. 29 , 2018