Compared with 96% rising rate in the same period last year, Faw Charade net profit plunged 95% percent in the first half of this year, which was "decisively" affected by joint venture brand and was "helplessly" controlled by Faw group.
Sep. 22 , 2013The tree craves calm but the wind will not drop. Another senior executive has left BMW, which pull the company in the teeth of the storm.
Sep. 22 , 2013BYD has announced that Zuoquan Xia who holds 5% stock share of BYD cashes 6 million shares of BYD by bulk trading platform. The reason is because of his investment company capital requirement, but not as saying goes “do not like the outlook of BYD”. BYD has its Technical Analysis Conference recently. According to the secondary market performance, investor has confident with the future of BYD.
Sep. 17 , 2013Dongfeng Fengshen has been complained for very limited productions and slow research for a while. But the company will take effort next year.
Sep. 16 , 2013“Lexus sales goal in China this year is 30% sales comes from hybrid.” Lixin Lang, vice general manager of Lexus, said that the percentage was 15% in last year, but it will double this year. Compared with 25% goal at the beginning of this year, the goal is increased again.
Sep. 16 , 2013Shanghai Volkswagen official recently revealed that, it was true that Touareg would be produced domestically in Shanghai Volkswagen, and was expected to be formally put into production in 2015 in order to enrich its product line in the SUV market. Previously, Volkswagen (China), Su Weiming, Executive Vice-President, said: "the rumors that Touareg will be produced domestically are untrue.”
Sep. 16 , 2013