2016 Chengdu Auto Show will be held in Chengdu Century City New International Convention and Exhibition Center on September 2ed to 11th. The following paragraph will give a brief introduction on the ten highlighting models.
Aug. 29 , 2016Recently, major global auto giants have released their Q2 financial reports, covering revenues, profits and other items. The following part will give a brief introduction on such companies’ performances.
Aug. 28 , 2016Geely Auto, one of leading automakers in China, has developed another nine dealers in the north-western China since August 22, 2016.
Aug. 25 , 2016Some shareholders have resigned as announced by China Jinbei Auto on August 19.
Aug. 24 , 2016On the night of August 21th, FAW Xiali released an Announcement of Suspension of Trading in relation to material asset restructuring by the Board, in which the company plans to sell 15% shares of Tianjin FAW Toyota Motors (TFTM) to its controlling shareholder, FAW Group. It’s expected that a total of RMB 2.5b will be obtained and increase FAW Xiali’s current profit. FAW Xiali still holds 15% shares of TFTM after the asset transfer. The trade is expected to form a material asset restructuring, and the company stock will face a suspension of trading from August 22th.
Aug. 24 , 2016