Articles Tagged with "AI"
BAIC Motor Corporation., LTD. and FUJIAN Motor Industry Group Co. have signed an Equity Transaction Agreement in respect of the proposed acquisition by BAIC of the 35% equity interest in Fujian Benz Automobile Co., Ltd. held by FJMOTOR in FuZhou, China, on June 12th. As agreed in the agreement, upon completion of the Equity Transaction, BAIC and FJMOTOR will hold 35% and 15% equity interest in Fujian Benz, respectively, and Daimler Vans Hong Kong Limited will hold the remaining 50% equity interest in Fujian Benz.
Jun. 13 , 2016According to the Top 30 companies in China’s auto industry in 2015 announced by China Machinery Industry Federation and China Association of Automobile Manufacturers jointly, SAIC tops the chart with its revenue totaling 1.2 trillion yuan, while FAW and Dongfeng Group rank No.2 and No.3 respectively.
May 27 , 2016Problems including rough idling and noisy gearbox has reportedly caused bad comments from customers on Focus of Changan-Ford, a JV automaker in China, since January 1, 2015.
May 26 , 2016Didi Chuxing, a Chinese transportation network company like Uber, charged two drivers, Dong and Wang, with improperly claiming for subsidizes. As a result, Wang will be imprisoned for eight months and pay a fine of CNY 1,000 while Dong will be imprisoned for ten months and pay a fine of CNY 1,000.
May 19 , 2016