Changan plans to add RMB 250 million investment in its wholly-owned subsidiary, Changan Russia to meet the subsidiary’s liabilities and supplement its operating funds, according to Changan's statement released on May 7.
May 7 , 2018
After presented the H5, the first model under Hongqi’s new brand strategy at Auto China 2018, FAW Hongqi also held a launch event for the new model, in Shanghai on May 5.
May 7 , 2018
Li Shufu, chairman of Zhejiang Geely Holding Group (Geely Holding), purchased HKD 433 million worth of shares in Geely Auto, Geely Holding’s subsidiary on May 2, according to the Stock Exchange of Hong Kong Limited (SEHK).
May 7 , 2018
GAC Group delivered a total of 672,747 vehicles in the first four months, up 7.3% year on year, while its April sales edged down 3.2% over the previous year to 164,315 units, according to the data released by the Group.
May 4 , 2018
Mazda delivered a new high of 102,022 vehicles in the first four months in China, jumping 16.9% from a year earlier. Meanwhile, the automaker boasted a year-on-year sales growth of 7.6% in April with 24,572 units delivered in this country.
May 4 , 2018
Apart from exhibiting advanced products at Auto China 2018, many companies also seized the great opportunity to build partnerships at the splendid event. Reporter summaries some significant cooperative cases during the auto show as below.
May 4 , 2018