News that “Dongfeng Motor” will sell 51% shares of Zhengzhou Nissan to its controlling shareholder comes around at the end of its two-month suspension period.
May 5 , 2016With sales of cars having reduced, FAW in China suffered another decrease in the revenue and the net profit in the first quarter in 2016.
May 5 , 2016Gasgoo.com (Shanghai May 4th)- Whether to decrease proportion of shares held by Chinese partners when establishing automotive joint ventures in China has sparked debates in this country recently.
May 4 , 2016Supported by LETV “ecologization” tactics, Yongche witnesses share reversion in a short time.
May 4 , 2016It’s known by the reporter of National Business Daily, Chinese self-owned carmakers, including BYD, JAC, BAIC and ZOTYE AUTO, have all debut their new models at the 2016 Beijing Auto Show. The number of alternative energy vehicles has totaled 147 models at the show, which reflected that carmakers hadn’t slowed down their efforts towards alternative energy vehicles despite that Chinese government’s subsidy for these models has been decreasing.
May 3 , 2016