Geely has published its financial report for the first half year of 2013 on Aug 22. The group has achieved 1.398 billion Yuan net profit at the first half year, increased 37.15% over the same period of last year, and each stock gains 16.92 cents. It is a pretty good result among Chinese brands auto companies.
Sep. 2 , 2013Great Wall has published its mid-term financial report on Aug 23. The company has achieved 26.42 billion Yuan revenue at the first half this year, which has increased 44.4% over the same period of last year. It includes 4.09 billion Yuan which belongs to shareholders. The figure has increased 73.7% over last year. And each stock gains 1.34 Yuan, which has increased 73.7% correspondingly.
Sep. 2 , 2013After three years of preparation, adhering to the Volvo Global quality, Chengdu factory officially starts to operate , which becomes the first exclusive factory in China, the second home of Volvo.
Aug. 30 , 2013Growth rates in Chinese automobile exports have been changing very drastically as of late. In 2012, as domestic car sales continued to flounder, own brand and joint venture manufacturers begun turning their eyes towards foreign markets. As a result, export growth rates reached new highs, with the total export volume for the year exceeding one million units. In contrast, the domestic market has been a lot more promising over the first half of this year, while export sales fell nearly one percent.
Aug. 30 , 2013Great Wall Motor, China’s leading SUV manufacturer, has exceeded expectations to become the country’s best performing own brand manufacturer for the first half of the year. Great Wall’s progressive marketing strategy and unique product lineup have been major factors behind its strong performance. The manufacturer reported year-on-year sales growth of 43.5 percent over the first half of the year, 17 percent above the industry average. Two of its key models, the Haval H6 and M4 have both entered the top ten sales charts for their respective segments.
Aug. 30 , 2013