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 , 2016The 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 , 2016Mercedes-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 , 2016Negotiations between the Canadian auto workers union and Ford Motor Co. have been “painfully slow,” according to the Unifor union.
Nov. 1 , 2016DETROIT -- 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 , 2016Ford 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.
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