SAIC Motor reported operation revenue up to RMB 870.639 billion, jumping 15.10% year on year. Meanwhile, the net profit attributable to shareholders increased 7.51% from the previous year to a record high of RMB 34.41 billion.
Mar. 30 , 2018
The National Development and Reform Commission released a letter of rely saying that both Chinese and foreign shareholders of Changan PSA Automobiles Co., Ltd are permitted to increase a total of RMB 3.6 billion investment at the ratio of 50 to 50.
Mar. 29 , 2018
Changan Auto announced that the company achieved operation revenue of RMB 80.001 billion last year, edging up 1.87% year on year. Besides, the net profit attributable to shareholders slumped 30.61% from a year earlier to RMB 7.139 billion.
Mar. 29 , 2018
According to local media, Great Wall Motor’s production base in Yongchuan District, Chongqing (hereinafter, the Yongchuan base) officially started construction on March 28.
Mar. 28 , 2018
Leap Motor, a Hangzhou-based new energy vehicle (NEV) startup announced on March 26 that the company formed strategic partnerships with a total of 38 enterprises of auto parts, including Fuyao Group, Wanxiang Group, Baoshan Iron & Steel Co.,Ltd.
Mar. 28 , 2018
GAC Trumpchi plans to set up a sales company in North America and a trade platform in Hong Kong, according to the official source from GAC Trumpchi.
Mar. 27 , 2018