Dongfeng Liuzhou Motor has targeted its sales goal at 320,000 units this year, shooting for 350,000 units. In response to that, this carmaker has also ramped up its capacity significantly. DFLZ’s new plant will be completed around this November and boost the company’s capacity from currently 250,000 units to 500,000 units, including several SUV and MPV models, which will definitely help this carmaker racing to the first echelon.
Jul. 1 , 2016Gasgoo.com (Shanghai) - Fiscal reports for the first quarter of the year show that a number of Chinese automobile manufacturers have suffered negative year-on-year sales growth. First quarter net profit results range from 7.93 billion RMB earned by SAIC Group on the one end to FAW Car’s net deficit of 423 million RMB on the other.
Jul. 1 , 2016Executives of subsidiaries of China Dong Feng Motor Company met on June 20 for announcement of changes on personnel.
Jun. 30 , 2016On June 26th, a JAC electric vehicle got on fire by itself in Sanlitun, Beijing. Witnesses introduces that the vehicle is a JAC iEV5 model, and the fire began at the back wheel. Currently, no casualties have been reported.
Jun. 29 , 2016Shareholders from both China FAW Car Co., Ltd and China Tianjin FAW Xiali Automobile Co.,Ltd met today for reviewing proposal made by China FAW Group to change date for shares changes.
Jun. 28 , 2016