Articles Tagged with "AI"

SAIC Volkswagen gets sales growth after 14-successive-month downturn
SAIC Volkswagen gets sales growth after 14-successive-month downturn

After eleven months of the year passed, SAIC Motor, the Chinese largest automaker, has not got sales rebound yet. According to the latest sales report, the automaker posted 9.58% and 13.33% year-on-year decline in November and year-to-date sales.

Dec. 9 , 2019
BAIC Motor, Daimler once again inject capital to finance leasing subsidiary due to growing risk assets
BAIC Motor, Daimler once again inject capital to finance leasing subsidiary due to growing risk assets

On December 5, BAIC Motor entered into an agreement with Daimler Greater China Ltd. (DGRC) to contribute an aggregate amount of RMB500 million to Mercedes-Benz Leasing Co., Ltd. (MBLC).

Dec. 6 , 2019
CATL, BAIC BJEV step up cooperation for R&D of battery core tech, battery supply
CATL, BAIC BJEV step up cooperation for R&D of battery core tech, battery supply

CATL has stepped up its cooperation with BAIC Group’s NEV unit BJEV by signed a business strategy agreement on December 6 to co-promote the application of CATL’s products in BJEV’s vehicles.

Dec. 6 , 2019
Hyundai Motor Unveils ‘Strategy 2025’ Roadmap to Transition into ‘Smart Mobility Solution Provider’
Hyundai Motor Unveils ‘Strategy 2025’ Roadmap to Transition into ‘Smart Mobility Solution Provider’

Hyundai Motor Company today announced a bold roadmap to secure its position as a frontrunner in the future mobility industry.

Dec. 4 , 2019
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou

Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), today unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019.

Dec. 4 , 2019
China’s Nov. Vehicle Inventory Alert Index remains at alarming level
China’s Nov. Vehicle Inventory Alert Index remains at alarming level

In November this year, China's Vehicle Inventory Alert Index (VIA), which represents the inventory pressure automobile dealers face, was down by 12.6 percentage points from the year-ago period but up by 0.1 percentage points over a month ago.

Dec. 3 , 2019