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The China Association of Automobile Manufacturers discloses in a post on its official WeChat account that vehicle sales in China were estimated to have increased 11.7% to 2.14M in May. More news on: NIO Limited, Great Wall Motor Company Limited, Great Wall Motor Company Limited, Con...
The China Association of Automobile Manufacturers says it expects auto sales for the year to be down 15% to 25% depending upon the severity of the pandemic and supply chain issues. More news on: NIO Limited, Great Wall Motor Company Limited, Great Wall Motor Company Limited, Consumer sto...
A social media posting by the China Association of Automobile Manufacturers reported a 1% in auto sales in China during April to 1.98M vehicles. The modest growth follows a bruising 43% drop in unit sales during Q1. More news on: Ford Motor Company, NIO Limited, Great Wall Motor Company ...
Auto deliveries in China are forecast to fall 70% this month and 40% for the first two months of the year after the industry came to a near-standstill (-96% Y/Y) for the first week of February amid the coronavirus outbreak. More news on: NIO Limited, Great Wall Motor Company Limited, Gre...
Fiat Chrysler Automobiles (NYSE: FCAU ) plans to resume full production at the plants it operates in China with joint venture partner Guangzhou Automobile Group ( OTCPK:GNZUF ). More news on: Fiat Chrysler Automobiles N.V., Guangzhou Automobile Group Co., Ltd., Consumer stocks news ...
Original post By Stuart Burns As if to underline the more dynamic and entrepreneurial nature of private sector firms, Geely Automobile Holdings (GELYF) in China is set to create what many are describing as China's first global car maker. Part of China's big three private car manu...
Nio ( NIO +16.9% ) confirms that it has explored financing and strategic opportunities with Guangzhou Automobile ( OTCPK:GNZUF ). More news on: NIO Limited, Guangzhou Automobile Group Co., Ltd., Consumer stocks news, Stocks on the move, Read more ...
Shares of Chinese electric-car maker NIO (NYSE: NIO) were sharply higher on Wednesday morning after a Chinese business-news outlet reported that the cash-strapped company had secured new financing from a major automaker. As of 12 p.m. EST, NIO's American depositary shares (ADS) were up about...
Earlier this month, I publicly released a note on the Chinese electric vehicle company NIO (NIO), which is effectively out of funding. Today, the company is up strongly (13.3%) in the pre-market on unofficial rumors on the popular Sina that another automotive company is going to provide fu...
Auto and light truck industry investors won't have much to cheer about in the near/medium term as more stringent emissions standards take effect in Europe this week (phase-in period extends into 2021), a development long known, though. More news on: General Motors Company, Ford Motor Compa...