Autohome deflated by plunging ad sales, car price wars
The car-trading services provider reported a fourth consecutive quarter of revenue decline in the second quarter, as its gross margin plunged more than 10 percentage points Key Takeaways: Autohome’s revenue…
BRIEF: GAC-Stellantis joint venture officially declared bankrupt
Guangzhou Automobile Group Co. Ltd. (2238.HK; 601238.SH) and Stellantis (STLA.US), the world’s fourth-largest automaker, on Tuesday said court overseeing the liquidation of their joint venture, GAC Fiat Chrysler Automobiles Co.…
CH-Auto Challenges Li Auto, Nio, Xpeng with U.S. SPAC Listing
Former car designer has jumped on China’s electric vehicle bandwagon, aiming to tap a market that accounts for more than half of global EV sales Key takeaways: CH-Auto has announced…
Recent Articles
RELATED ARTICLES
-
BRIEF: Autohome slashes headcount as revenue sags
2518.HK ATHM.US
-
Uxin gets new cash injection as its used car superstores gain speed
UXIN.US
-
INDUSTRY BRIEF: Starbucks joins China coffee wars with price cuts
SBUX.US
- Turning car wrecks into hard cash, Boche eyes expansion
-
Luckin consolidates lead in China’s coffee wars
LKNCY.US
-
CARsgen seeks cell therapy breakthrough but stays in the red for now
2171.HK
