News
Zeng Qinghong Becomes New President of GAC in China
Zeng Qinghong Becomes New President of GAC in China

Guangzhou Automobile Group Co., Ltd. has made official announcement that Zeng Qinghong will take the place of Zhang Fang, who may retire, to be president of the company on October 30.

Nov. 1 , 2016
Listed auto companies’ performances in the previous three quarters: Chana ranking second in net profits
Listed auto companies’ performances in the previous three quarters: Chana ranking second in net profits

The passenger vehicle market has a steady sales volume in the previous three quarters, with the soaring financial performances for listed auto companies, in which SAIC Group ranks first with a net profit of RMB 23.09b But FAW car has a deficit of RMB

Nov. 1 , 2016
Mercedes unveils four new engines, two have inline-six layouts
Mercedes unveils four new engines, two have inline-six layouts

Mercedes-Benz unveiled four new engines, including a gasoline-powered 3.0-liter inline-six, a diesel variant of the 3.0-liter inline-six, a 4.0-liter twin-turbocharged V8, and a twin-turbocharged 2.0-liter four-cylinder. The gas-powered inline-six an

Nov. 1 , 2016
Canadian union: Ford deal ‘uncertain’ as deadline looms
Canadian union: Ford deal ‘uncertain’ as deadline looms

Negotiations between the Canadian auto workers union and Ford Motor Co. have been “painfully slow,” according to the Unifor union.

Nov. 1 , 2016
Ford, citing fire at headquarters, postpones October sales report for U.S.
Ford, citing fire at headquarters, postpones October sales report for U.S.

DETROIT -- A fire at Ford’s world headquarters on Monday is forcing the company to delay the release of October sales results for the U.S. until later in the week.

Nov. 1 , 2016
Ford reaches tentative contract agreement with Canada's Unifor
Ford reaches tentative contract agreement with Canada's Unifor

Ford Motor Co. reached a tentative labor agreement with Canadian union Unifor early today that includes C$700 million ($522 million) in investment commitments at the automaker’s Canadian facilities.

Nov. 1 , 2016