As reporter known, CHEN Guozhang, former executive president of Renault switches to PSA and in charge of DS brand Chinese and Asian business. Outsider believes that swift of CHEN Guozhang is connected with Carlos Tavares. He was the COO of Renault and “original supervisor” of CHEN Guozhang. Carlos Tavares joins PSA at the end of last year, and takes global president of PSA in April this year.
May 19 , 2014Facing the huge market of China, no automobile company will let it walk away. They optimize structure actively. At present, Chery- Jaguar- Land Rover announces with Jaguar- Land Rover, both sides will found a new sales and marketing service organization for China made and imported automobile sales.
May 19 , 2014JIANG Jun, general manger of FAW- Toyota tell reporter during interview, there is kind of pressure. It is not only sell cars in China, but also shall figure out automobile industry tendency and customer demand in China.
May 19 , 2014On 12 May, Nissan announces its financial report. Net profit of Nissan has increased 14% to 3.8 billion dollars up to April 31, because Japanese Yen deprecation and sales growth in China and North America. Global sales of Nissan has increased 5.6% over last year to 5.19 million cars. In financial year 2014, Nissan expects small 4.1% growth to 3.94 billion dollars because Japanese consume tax increase may hurt automobile sales.
May 16 , 2014Hyundai Motor Co's (005380.KS) South Korean labor union has demanded higher pay and bonuses and more cuts to working hours, as the automaker heads into annual wage talks in June under the threat of industrial action.
May 15 , 2014Chrysler Group LLC expects increased vehicle shipments linked to the new Chrysler 200 midsize sedan will not have a great effect on earnings until the third quarter, its chief financial officer said on Monday.
May 15 , 2014