News
China's FAW loses ¥150 million in Q3, hoping its new leader will guide a new future

The FAW car and FAW Xiali published its Q3 performance announcements on October 14th afternoon, both companies shouldering huge losses. The FAW car has an overall loss between 124.2 to 154.2 million Yuan, while the data for FAW Xiali lies between 260 to 360 million Yuan.

Oct. 15 , 2015
Ford to invest 1.8 billion dollars and launch its 2020 strategy in China

Ford Motor Co. is investing 1.8 billion dollars in local research & development and technology introduction in China from 2016 to 2020 and the company will also introduce 20 more new models to support its 2020 strategy of “Innovation for millions”, said Mark Fields, Ford Global President and CEO, on October 12th in Shanghai.

Oct. 13 , 2015