Search Results for "Great Wall"

Great Wall Motor earns RMB5.395 billion in 2018 net profits, targeting 1.2 million-units sales volume for 2019
Great Wall Motor earns RMB5.395 billion in 2018 net profits, targeting 1.2 million-units sales volume for 2019

Great Wall Motor (GWM) said its annual revenues in 2018 edged down 1.68% from a year ago to RMB99.469 billion, while the full-year net profits grew 6.97% year on year to RMB5.395 billion.

Jan. 28 , 2019
Great Wall Motor 2018 sales edge down 1.6% year on year
Great Wall Motor 2018 sales edge down 1.6% year on year

Chinese automaker Great Wall Motor (GWM) saw its annual sales in 2018 edge down 1.6% to 1,053,039 units. However, the automaker achieved a year-on-year (YoY) growth of 6.54% with 133,794 vehicles delivered.

Jan. 8 , 2019
Great Wall Motor sells part of assets to Honeycomb Energy at value of RMB212 million
Great Wall Motor sells part of assets to Honeycomb Energy at value of RMB212 million

Great Wall Motor (GWM) sells part of assets to Honeycomb Energy Technology Company Limited and Honeycomb Energy’s Baoding branch at respective values of RMB164 million and RMB47.7007 million.

Jan. 2 , 2019
Great Wall Motor to issue ultra-short-term financing bonds of RMB5 bln to optimize debt structure
Great Wall Motor to issue ultra-short-term financing bonds of RMB5 bln to optimize debt structure

Great Wall Motor announced on November 13 that it plans to issue no more than RMB5 billion worth of ultra-short-term financing bonds to optimize its debt structure and the funds raised will be used to supplement working capital.

Nov. 14 , 2018
Great Wall Motor Jan-Oct sales down by 3.29% with 67.92% of sales target completed
Great Wall Motor Jan-Oct sales down by 3.29% with 67.92% of sales target completed

Great Wall Motor posted a year-on-year (YoY) sales growth of 1.93% with 110,088 vehicles delivered in October. However, its Jan-Oct sales fell 3.29% from a year earlier to 786,756 units among which the sales of Haval and WEY brands.

Nov. 8 , 2018
Great Wall Motor, Baidu upgrade cooperation on IoV technology
Great Wall Motor, Baidu upgrade cooperation on IoV technology

GWM and Internet giant Baidu signed another strategic cooperation agreement on October 26 focusing on developing Internet of Vehicles (IoV) services in order to accelerate the application of IoV technologies in China.

Oct. 29 , 2018