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
FAW-VW posted a YoY sales growth of 11.2% to 163,566 units (including imported Audis) in April, according to FAW-VW. Strikingly, Audi and Volkswagen brands saw two-digit sales growth in April.
May 7 , 2018
Qoros Auto handed over 5,355 vehicles last month, skyrocketing 400% year on year. Meanwhile, the automaker also boasted a violent year-on-year sales growth of 288% to 11,371 vehicles for the first four months.
May 7 , 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
Dongfeng Motor Company Limited (DFL) plans to roll out 20 electrified models in the next five years to accelerate its NEV layout, according to Makoto Uchida, president of DFL.
May 4 , 2018
FAW Group, Chery Auto, Hyundai Motor, Panasonic and other Baidu Apollo’s partners have showed off Apollo-powered products at Auto China 2018.
May 3 , 2018