Reuters, August 28, 2017 BEIJING (Reuters) - Chinese automaker BYD Co Ltd (002594.SZ)(1211.HK), backed by U.S. investor Warren Buffett, said on Monday net profit fell sharply for the first half of the year, as Beijing reins in subsidies and other policy support for green energy cars. The...
Bloomberg TV, August 23, 2017 Bill Russo, managing director of GAO Feng Advisory Company, discusses Great Wall's pullback from talk of a Jeep bid and what it means for the company. He speaks on "Bloomberg Daybreak: Asia." (Source: Bloomberg) Click here to view the video interview at...
CNBC, August 22, 2017 China's Great Wall Motor has confirmed its interest in Fiat Chrysler. It remains to be seen what's left of FCA if it spins off Jeep, says Bill Russo of Gao Feng Advisory Co. Will Fiat Chrysler spin off Jeep? from CNBC....
Bloomberg News, August 21, 2017 Sergio Marchionne’s plans to review Fiat Chrysler Automobiles NV’s businesses has one Chinese company expressing interest in purchasing its Jeep division, as Asian carmakers continue to seek European and American brands in search of technology and new markets. A spokesman for Baoding, China-based Great Wall Motor...
Bloomberg News, August 14, 2017 By Bloomberg News [caption id="attachment_610" align="aligncenter" width="300"] Since Geely's US$1.5 billion purchase of Sweden's Volvo Cars in 2010, the Chinese automaker has seen the share price of its listed unit increase sixfold in Hong Kong trading. SOURCE: EPA[/caption] (Bloomberg) -- Tata Motors...
The Economic Times of India, July 30, 2017 [caption id="attachment_604" align="aligncenter" width="210"] Volvo has quietly upped the ante. After a decade of a low-key existence in India, the company will have an assembly plant in Bengaluru ready by end 2017.[/caption] Finally, Tesla Motors may have some competition...
Ward's Auto, June 13, 2017 The Lynk & CO startup is leaning heavily on the Volvo brand heritage for legitimacy, but an investment analyst says not having the burden of a parent brand actually may help electric-vehicle startup NIO. [caption id="attachment_584" align="aligncenter" width="300"] NIO, maker of ES8...
Marketwatch, June 22, 2017 Tesla Inc. said it is exploring with government officials in Shanghai the possibility of opening a facility to build electric vehicles for the Chinese market. The Silicon Valley auto maker reiterated Thursday it plans to define its production plans for China by year's...
Bloomberg News, June 22, 2017 Tesla Inc. said it’s working with the Shanghai government to explore local manufacturing in China, a move that would allow the electric-car maker to achieve economies of scale and bring down manufacturing, labor and shipping costs. The electric-car maker led by Elon...
Bloomberg News, June 1, 2017 [caption id="attachment_576" align="aligncenter" width="186"] California Governor Jerry Brown[/caption] With President Donald Trump's withdrawal from the Paris climate pact, the leader of the U.S. state with the strictest clean-car rules is turning toward Beijing in his longtime mission to stem automotive pollution. California Gov....
