Articles Tagged with "AI"

Federal-Mogul Braking Business: Double against Slower Auto Sales Growth
Federal-Mogul Braking Business: Double against Slower Auto Sales Growth

In spite of the slower growth of China auto sales, many suppliers still had outstanding performance in 2017. Federal-Mogul is a case in point. It is said that Federal-Mogul’s sales growth was 4-5 times higher than the overall auto market.

Feb. 12 , 2018
SAIC posts January sales growth of 13.13% year on year
SAIC posts January sales growth of 13.13% year on year

SAIC Group released its output and sales for January on Feb. 8, showing that its overall January sales increased 13.13% year on year to 712,152 units. Meanwhile, its output reached 727,985 units with a YoY growth of 22.02%.

Feb. 9 , 2018
DNRC permits Daimler to acquire stake in BAIC BJEV
DNRC permits Daimler to acquire stake in BAIC BJEV

The NDRC released a reply on Feb. 7, permitting Daimler Greater China Ltd. to acquire a certain stake of BAIC BJEV, which was possessed by Shenzhen Jinggangshan New Energy Investment Management Co., Ltd.

Feb. 8 , 2018
Dongfeng Nissan aims to sell 1.17 million vehicles in 2018
Dongfeng Nissan aims to sell 1.17 million vehicles in 2018

Dongfeng Nissan, the joint venture between Dongfeng and Nissan, aims to sell 1.17 million vehicles in China in this year, according to the automaker.

Feb. 5 , 2018
Geely said to finish acquiring Daimler shares soon
Geely said to finish acquiring Daimler shares soon

Geely has almost finished acquiring certain shares of Daimler Group at present and the deal is expected to be closed after the Spring Festival.

Feb. 5 , 2018
GAC Group, Pony.ai signs strategic cooperation agreement for autonomous driving development
GAC Group, Pony.ai signs strategic cooperation agreement for autonomous driving development

GAC Group today signs a strategic cooperation framework agreement with Pony.ai, an autonomous driving startup co-located in China and U.S., to develop and deploy autonomous driving and other businesses.

Feb. 2 , 2018