Company Overview and News

 
Nation’s car-making majors still dominate mainland auto market

2018-03-29 scmp
Strong annual performances recorded by Guangzhou Automobile (net profit +71.5pc), SAIC (+7.5pc) and Dongfeng Motor (+5.4pc)

 
FCA 'contacts' with China's Geely (4)

2018-02-27 ansa.it
(ANSA) - New York, February 27 - Fiat Chrysler Automobiles had contacts with Geely of China before the Chinese group became the largest shareholder in Daimler, Bloomberg reported Tuesday. It said Geely and FCA talked about a possible merger but the preliminary talks were interrupted in mid-2017 because of differences on valuations. The billionaire who controls Geely, Li Shufu, contacted FCA while evaluating options to expand outside China, Bloomberg reported.

 
Guangzhou Auto Looks to Enhance China Tie-Up With Fiat Chrysler - Bloomberg

2017-11-21 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
Trumpchi Says Its Brand Name Is a Complete Coincidence - Bloomberg

2017-11-21 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
Daily Briefing: Spain latest target of truck attack | Reuters

2017-08-18 uk.reuters
Spanish authorities are hunting a suspected Islamist militant who drove a van into a crowd, killing 13 people and injuring dozens. There have been two arrests linked to the attack - though the driver himself was seen escaping on foot - and police said they killed five would-be attackers in a town south of Barcelona who had been planning a separate strike using explosive belts.

 
Barcelona attack dents travel stocks as global sell-off spreads to Europe | Reuters

2017-08-18 uk.reuters
LONDON (Reuters) - European travel stocks fell sharply in early trading on Friday after a deadly attack in tourist hotspot Barcelona, with investors also increasingly concerned the Trump administration was fraying at the seams.

 
China's Guangzhou Automobile says no plan to buy Fiat Chrysler | Reuters

2017-08-18 reuters
BEIJING (Reuters) - China's Guangzhou Automobile Group Co Ltd (601238.SS) has no plans to acquire automaker Fiat Chrysler Automobiles (FCA) NV (FCHA.MI), a company spokesperson said on Friday.

 
Barcelona attack dents travel stocks as global sell-off spreads to Europe

2017-08-18 reuters
LONDON (Reuters) - European travel stocks fell sharply in early trading on Friday after a deadly attack in tourist hotspot Barcelona, with investors also increasingly concerned the Trump administration was fraying at the seams.

 
Fiat Chrysler Shares Jump Following Chinese Buyout Offer

2017-08-14 247wallst
Fiat Chrysler Automobiles N.V. (NYSE: FCAU) saw its shares make a handy gain on Monday after it came to light that a large Chinese automaker has offered to acquire the company. However, the offer was ultimately rejected and the Chinese company remains unidentified.

 
China’s biggest automaker SAIC places US ambitions on hold

2017-04-19 themalaymailonline
A worker walks past a lighted signage of the Shanghai Automotive Industry Corporation (SAIC) before the opening of the 15th Shanghai International Automobile Industry Exhibition in Shanghai in this April 19, 2013 file photo. — Reuters picSHANGHAI, April 19 — SAIC Motor Corp, China’s biggest carmaker by sales, has halted a plan to export its own branded vehicles to the US until it gets more clarity on Sino-US trade policy under President Donald Trump.

 
China's Biggest Automaker SAIC Puts U.S. Ambitions on Hold - Bloomberg

2017-04-19 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

2
Guangzhou Automobile shares slump 15% on China Yaris recall

2016-10-31 scmp
GAC Toyota to recall 83,000 Yaris sedans over potential air bag problems. Firm also reveals chairman Zhang Fangyou to retire after 19 years with the business

 
Top China Hedge Fund Bucks Losses With Bets on Consumer Stocks - Bloomberg

2016-09-22 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
China October Auto Sales: Where Is The Slowdown?

2016-09-18 seekingalpha
SUV remains the key driver while sedan and CV show signs of stabilization on the favorable tax cut.

1
Guangzhou Automotive: A Strong September

2016-09-17 seekingalpha
GAC reported solid September sales numbers, with passenger vehicle sales driven by what appears to be demand for SUVs.

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