Articles Tagged with "AI"

Gasgoo.com (Shanghai June 18) - Thanks to three years of intensive restructuring and reorganization, BYD Founder and Chairman Wang Chuanfu predicts his company's fortunes to make a turn for the better in 2013, the Beijing Morning Post reported today. Mr. Wang made the comments at the manufacturer's recently-held shareholder summit, boasting that 2013 will be a "year of resurgence" for BYD.

Gasgoo.com (Shanghai June 18) - Hainan-based Haima Automobile is entering a new phase this year. "We have applied for credit from banks to support [our] dealership network," Haima Automobile General Manager Wu Gang revealed at the launch of the Haima S7, China Business Journal reported today. According to official statements made before and after the event, Haima has applied for a total of 10.9 billion yuan ($1.77b) in credit from various banks. Haima has previously been tight-lipped regarding the details of the loans, which has led to wild speculation across the Chinese automotive industry.