Search Results for "FAW"
Teng Tieqi, deputy general manager of FAW, one of leading automaker in China, is likely to be new general manager of the company, according to media in the country.
Aug. 28 , 2016On the night of August 21th, FAW Xiali released an Announcement of Suspension of Trading in relation to material asset restructuring by the Board, in which the company plans to sell 15% shares of Tianjin FAW Toyota Motors (TFTM) to its controlling shareholder, FAW Group. It’s expected that a total of RMB 2.5b will be obtained and increase FAW Xiali’s current profit. FAW Xiali still holds 15% shares of TFTM after the asset transfer. The trade is expected to form a material asset restructuring, and the company stock will face a suspension of trading from August 22th.
Aug. 24 , 2016Dealerinventory coefficient of FAW CAR, one of leading automakers in China, was 2.5, with a monthly rise of 12% and yearly decrease of 8%, in June, higher than that of the whole industry, about 1.55.
Jul. 25 , 2016Shareholders from both China FAW Car Co., Ltd and China Tianjin FAW Xiali Automobile Co.,Ltd met today for reviewing proposal made by China FAW Group to change date for shares changes.
Jun. 28 , 2016