BAIC Motor posted YoY revenue growth of 9.3% in first quarter to RMB 39.806 billion. Its net profit reached RMB 4.07 billion, surging 21.35% over the previous year, according to BAIC Motor’s Q1 report.
May 3 , 2018
Dongfeng Nissan delivered a total of 90,946 units in April, achieving a year-on-year growth of 17.8%. Its cumulative deliveries in the first four months reached a new high of 333,713 units (including imported vehicles), climbing 8.2% year on year.
May 3 , 2018
SAIC Group gained revenue of RMB 238.83 billion in the first quarter, jumping 21.7% year on year. The net profit rose 17.5% year on year to RMB 9.71 billion, according to SAIC Group’s Q1 report released on Apr. 28.
May 2 , 2018
Adrian Hallmark, Chairman and CEO of Bentley visited Hongqi’s stand at Auto China 2018, together with other senior executives. Moreover, Xu Liuping and his team also visited Bentley’s stand.
May 2 , 2018
SAIC Motor officially started the construction of its PV (passenger vehicle) manufacturing base in Ningde, Fujian Province (hereinafter, Ningde base) on April 28.
May 2 , 2018
FAW Xiali reached operation revenue of RMB 1.451 billion in 2017, slumping 28.34% year on year and the net profit attributable to shareholders was RMB -1.641 billion, nosediving 1,110.64% year on year. Its debt-to-asset ratio was up to 98.2%.
May 2 , 2018