Mahle GmbH (Mahle) and Robert Bosch GmbH (Bosch) have sold their turbocharger partnership Bosch Mahle Turbo Systems (BMTS), according to Gasgoo exclusive source.
May 3 , 2018
BAIC Motor posted YoY revenue growth of 9.3% in first quarter to RMB 39.806 billion. Its net profit reached RMB 4.07 billion, surging 21.35% over the previous year, according to BAIC Motor’s Q1 report.
May 3 , 2018
Dongfeng Nissan delivered a total of 90,946 units in April, achieving a year-on-year growth of 17.8%. Its cumulative deliveries in the first four months reached a new high of 333,713 units (including imported vehicles), climbing 8.2% year on year.
May 3 , 2018
A reduction of 1 percentage point in China’s VAT (value-added tax) rate has come into effect on May 1 and the prices of several luxury vehicle models dropped accordingly afterwards.
May 2 , 2018
Adrian Hallmark, Chairman and CEO of Bentley visited Hongqi’s stand at Auto China 2018, together with other senior executives. Moreover, Xu Liuping and his team also visited Bentley’s stand.
May 2 , 2018
SAIC Motor officially started the construction of its PV (passenger vehicle) manufacturing base in Ningde, Fujian Province (hereinafter, Ningde base) on April 28.
May 2 , 2018