Credit Agricole in talks to invest in Guangzhou Auto unit
The transaction will give the leasing business a valuation of about US$600 million after completionCREDIT Agricole is in advanced talks ...
Tag: Auto
Germany’s slump in EV sales drags on Europe’s auto market
GERMANY, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand ...
China auto suppliers and EV makers flood major trade fair in Germany
NEARLY 900 Chinese auto suppliers and a handful of electric vehicle (EV) makers are showcasing their products at a trade ...
China’s BYD aims to get half of auto sales from global markets
CHINA’S top-selling automaker BYD expects overseas deliveries to account for almost half of total sales in the future, suggesting it ...
China’s Didi in talks to sell smart auto assets to state-backed NavInfo’s unit: sources
CHINA’S Didi Global is in advanced talks to sell its smart driving and cockpit assets to state-backed digital mapping firm ...
Xiaomi Q2 revenue beats estimate, reveals auto unit sales
CHINA’S Xiaomi Corp on Wednesday (Aug 21) reported higher-than-expected revenue for the second quarter, revealing for the first time its ...
Europe’s auto chipmakers have a deepening China habit
AS ADVANCED semiconductor companies in the US and allied countries pull back from China, a less glamorous sector of the ...
China auto market hits milestone as EVs, hybrids make up half of July sales
HALF of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry ...
China’s Dongfeng in pole position to build an auto plant in Italy: sources
TALKS between the Italian government and China’s Dongfeng Motor Group about building an auto plant in Italy are at an ...
China woes cut BMW’s auto profit margin in Q2
BMW on Thursday (Aug 1) reported a lower-than-expected profit margin in its core automotive segment during the second quarter, as ...
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