GAC Group has not away from good news since Nov. According to GAC Group Oct manufacture and sales bulletin, the company has sold 86 thousand cars, which has dramatically increased 162% over the figure of last year, which meanwhile has 71% more than Sept increase. The first 10 months sales are 754 thousand, which has increase 30%.
Nov. 15 , 2013As reported by Xinhua.com on 10 Nov, FAW Africa Investment Company which belongs to China FAW Group signed cooperation memo with Algeria Arcofina Group on 9 Nov that they would found joint venture to build a car assembly plant in Algeria.
Nov. 14 , 2013Nissan announces that Oct sales in China increases 128% over last year. Honda announces that sales of Oct in China increase 211.6% as well. Toyota, meanwhile, announces 80.6% increase in Oct.
Nov. 14 , 2013PSA Peugeot Citroen European business remains loss, but its Chinese joint venture is under pressure. Yesterday, an officer of DPCA told reporter that board of director assess sales and profit together before, but now it only assesses sales and market share. Its parent company PSA wants to release its finance dilemma by business loss.
Nov. 13 , 2013Lixin QIU, vice director of Foreign Investment Dept. of Commercial Ministry, said at the Second China - Pacific Islands Energy Saving and New Energy Vehicle Development Seminars that Commercial Ministry encourages new energy companies using foreign investments by different channels, such as introducingforeign risk investment or overseas listing.
Nov. 12 , 2013A mysterious person visited Guangzhou Fanyu District GAC passenger car plant on 6 Nov. He is Michael Bay, director of . After “Trumpchi Quality Interpretation” media conference at the afternoon of the same day
Nov. 12 , 2013