Search Results for "WM"

Baidu, Tencent compete to be lead investor of WM Motor
Baidu, Tencent compete to be lead investor of WM Motor

WM Motor is plannning a financing round for 1billion yuan. This round of financing is led by Baidu and Tencent is striving to be another leading investor.

Nov. 8 , 2017
GWM’s net profit slumps around 80% year on year
GWM’s net profit slumps around 80% year on year

GMW’s Q3 report showed that the total revenue in previous nine months was flat year on year to RMB 63.43 billion.

Oct. 30 , 2017
GWM admits signing cooperative feasibility agreement with Mini
GWM admits signing cooperative feasibility agreement with Mini

GWM releases announcement to clarify rumor of opening JV with BMW, but admits signing cooperative feasibility agreement with Mini

Oct. 13 , 2017
GWM plans to solve the 2020 credit pressure by buying shares of Hebei Yogomo
GWM plans to solve the 2020 credit pressure by buying shares of Hebei Yogomo

GWM plans to establish a joint-venture company to solve its weak alternative energy business. It released an announcement on July 16th that it would sign a joint-venture framework agreement with Hebei Yogoma Auto to buy its 25% shares by increasing i

Jul. 25 , 2017
GWM sold 68,900 units in May, while Haval H6 continues to be SUV sales champion
GWM sold 68,900 units in May, while Haval H6 continues to be SUV sales champion

GWM released data on June 6th that it sells 68,942 units in May with a year-on-year decrease of 3.76%. The total sales volume reaches 396,272 units from January to May, increasing 3.02% year-on-year. Exported vehicles grow to 3,259 units.

Jun. 9 , 2017
SWM Adheres to Propriety, Concept Car into Mass Production in 2019
SWM Adheres to Propriety, Concept Car into Mass Production in 2019

On 2017 Shanghai Auto show, SWM X3 officially shows up. It is located as a compact SUV to further improve the product layout of SWM.

Apr. 21 , 2017