On the night of June 7th, information on Shenzhen Stock Exchange’s website shows that LETV’s RMB 2b corporate bond will face issuance suspension, meaning a financial failure and cutting off management team and shareholders’ hope.
Jun. 9 , 2017
GWM released data on June 6th that it sells 68,942 units in May with a year-on-year decrease of 3.76%. The total sales volume reaches 396,272 units from January to May, increasing 3.02% year-on-year. Exported vehicles grow to 3,259 units.
Jun. 9 , 2017
JAC released data showing that its production volume decreases 18.91% year-to-year to 35,200 units in May, while the sales volume decreases 24.29% to 36,100 units.
Jun. 9 , 2017
Geely Auto released its sales data showing that its sales volume reaches 76,546 units in May and increases 67% with the same period of last year. The sales volume in domestic market reaches 76,339 units, increasing 73% year-to-year.
Jun. 7 , 2017
Recently, Geely Group announced the acquisition of Proton Motor's 49.9% stake, showing its determination to enter the Southeast Asian market. IIA learns from Geely Automobile official that Geely Automobile Group will invest 30 billion yuan in Xi'an.
Jun. 7 , 2017
It’s known that GAC Group passed resolutions at the 47th meeting of the fourth session of the Board of Directors on June 5th.
Jun. 6 , 2017