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Dongfeng Motor Group and Renault S.A. plan to restructure their joint venture Dongfeng Renault Automotive Company (DRAC) given the downturn in China’s automobile market and the subsidiary’s unsound operational performance.
Apr. 14 , 2020BYD’s net profit attributable to shareholders for the first quarter is forecasted to stand between RMB50 million to RMB150 million, plunging 79.99% to 93.33% compared to the year-ago period.
Apr. 14 , 2020Groupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV).
Apr. 14 , 2020Maple, a NEV brand backed by Geely Technology Group, was formally launched on April 10 with the presale of its first model, the Maple 30x, kicking off at the same time.
Apr. 13 , 2020In March, GAC Group clocked a year-on-year sales drop of 39.55%, but saw a significant rebound compared to the previous month.
Apr. 13 , 2020Chongqing Changan Automobile Co., Ltd. (Changan) announced that its March sales slid 28.7% over a year ago to 139,737 units.
Apr. 13 , 2020










