Articles Tagged with "Changan Auto"

Chongqing Changan Automobile forecasted to suffer 2019 net loss of over RMB2.4 billion
Chongqing Changan Automobile forecasted to suffer 2019 net loss of over RMB2.4 billion

Chongqing Changan Automobile Co., Ltd. reported it is expected to suffer an annual loss of RMB2.4 billion-2.9 billion for the year of 2019, a year-on-year slump of 452.56%-526.01% from a net profit of RMB680,728,400 attributable to shareholders.

Feb. 3 , 2020
Changan Automobile’s Dec. sales soar 31% YoY, YTD sales show contracted decline
Changan Automobile’s Dec. sales soar 31% YoY, YTD sales show contracted decline

Chongqing Changan Automobile Co., Ltd (Changan Automobile) said its new vehicle sales in December 2019 soared 31% over a year ago to 193,716 units, maintaining the growth from November.

Jan. 7 , 2020
Baoneng Group to accept 50% stake in CAPSA from Changan Automobile
Baoneng Group to accept 50% stake in CAPSA from Changan Automobile

Chongqing Changan Automobile Co., Ltd (Changan Automobile) said it has agreed to sell 50% stake in a joint venture with Groupe PSA to a subsidiary of Baoneng Automobile Co.,Ltd at a value of RMB1.63 billion.

Jan. 2 , 2020
Changan Automobile to transfer equity stake in joint venture with PSA
Changan Automobile to transfer equity stake in joint venture with PSA

Chongqing Changan Automobile Co., Ltd (Changan Automobile) intends to transfer 50% equity stake in the Sino-French joint venture Changan PSA (CAPSA), according to a file posted on the website of Chongqing Assets and Equity Exchange (CQUAE).

Nov. 1 , 2019
Changan Automobile clocks 7.25% revenue growth in Q3
Changan Automobile clocks 7.25% revenue growth in Q3

As of September, Chongqing Changan Automobile Co., Ltd (Changan Automobile) had posted net loss for the fifth quarter in a row, while the situation became somewhat better.

Oct. 31 , 2019
Changan Automobile likely to suffer Q1-Q3 net losses of RMB2.8 billion
Changan Automobile likely to suffer Q1-Q3 net losses of RMB2.8 billion

Chongqing Changan Automobile Co., Ltd's net losses attributable to shareholders in the first three quarters of 2019 was estimated to reach between RMB2.4 billion ($336 million) and RMB 2.8 billion ($396 million).

Oct. 16 , 2019