BAIC Motor posts massive loss amid fierce competition
Automaker BAIC Motor Corp. Ltd. (1958.HK) on Tuesday warned it expects to report a loss of 1.55 billion yuan ($229 million) to 1.65 billion yuan for the first half of…
Autohome launches $400 million share repurchase program
Auto trading services provider Autohome Inc. (ATHM.US; 2518.HK) on Tuesday announced its board has authorized a new $400 million share repurchase program to support the company’s stock. The program took…
Geely, Ford form car-making joint venture in Spain
Geely Automobile Holdings Ltd. (0175.HK) announced on Thursday that it agreed to buy 34% of U.S. auto giant Ford’s (F.US) Spanish operation for 221 million euros ($251 million). Following the…
New SORL’s IPO plows into winter for China auto stocks
The provider of commercial vehicle parts and services has filed to list in Hong Kong, boasting average annual profit growth approaching 800% over the past three years Key Takeaways: New…
Wall Street renaissance for China stocks? DSC listing offers mixed picture
Shares of the owner of an operating system used by more than half of China’s used car dealers lost nearly half their value in their first trading day on the…
Chery tiptoes into Japan with EV ‘kei’ microcar joint venture
China’s leading car exporter is targeting the insular Japanese market through a Singaporean joint venture, as the domestic car market struggles Key Takeaways: Chery’s 27% stake in a Singaporean joint…
Autohome skids as China’s car market slams on the brakes
The online auto pioneer still makes money by connecting car buyers and sellers, but weak demand, falling ad budgets and new competition are eroding its old advantages Key Takeaways Autohome’s…
Recent Articles
Autohome launches $400 million share repurchase program
ATHM.US
2518.HK
Autohome skids as China’s car market slams on the brakes
ATHM.US
2518.HK
