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Chinese auto manufacturing industry gains net profit growth of 4.9% in H1
Chinese auto manufacturing industry gains net profit growth of 4.9% in H1

The National Bureau of Statistics revealed that Chinese auto manufacturing industry gained net profit of RMB 335.99 billion during the first half of 2018, representing a year-on-year growth of 4.9%.

Aug. 6 , 2018
H1 Financial forecasts of major Chinese automakers
H1 Financial forecasts of major Chinese automakers

By far, a slew of Chinese automakers had released their H1 financial forecasts successively, including Geely, Changan Automobile and JAC. This article rounds up the detailed information of these automakers financial forecasts.

Aug. 3 , 2018
Chinese automakers tabulated on 2018 Fortune Global 500 list
Chinese automakers tabulated on 2018 Fortune Global 500 list

The world’s 500 largest companies on the newly-unveiled list generated $30 trillion in revenues and $1.9 trillion in profits in 2017. A total of 6 automakers from Mainland China entered into the list.

Jul. 20 , 2018
Faraday Future’s Chinese headquarter likely to announce operation on May 18
Faraday Future’s Chinese headquarter likely to announce operation on May 18

Faraday Future (FF) will have a big story on May 18, according to the sources from Sina Weibo on May 17. At the same time, Chen Zhe, director of FF’s global marketing and communication, also spread the news that “Big Story is coming” on WeChat.

May 17 , 2018
Updating of Chinese self-driving startups financing in 2018
Updating of Chinese self-driving startups financing in 2018

Gasgoo summarized some financing cases in China’s self-driving area that were announced so far this year as below.

May 17 , 2018
Ford reports 26% YoY sales slump in April for Chinese market
Ford reports 26% YoY sales slump in April for Chinese market

Ford Motor’s sales in China reported slumped 26% from a year earlier to 69,503 vehicles in April, the automaker reported on May 11. The company’s cumulative sales reached 277,000 units with a YoY sales slide of 21% during the past four months.

May 11 , 2018