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Wuling Motors Extends Deadline to Settle Contribution in Electric Vehicle JV; Shares Rise 9%
02:14 AM EDT, 06/23/2022 (MT Newswires) -- Wuling Motors Holdings (HKG:0305) pushed back the deadline to settle its 305.6 million yuan ($45.6 million) contribution in an electric vehicle joint venture
China will further unleash the potential of automobile consumption and support consumption of clean energy vehicles
The Executive meeting of The State Council confirmed the policy of increasing support for automobile consumption. The meeting stressed the need to further unleash the potential of automobile consumpti
China’s Auto Exports Surge 62% in May
09:40 PM EDT, 06/19/2022 (MT Newswires) -- Automobile exports from China soared 62.3% year over year in May to 245,000 units, Xinhua News Agency reported Saturday, citing data from the China Associati
Wuling Motors in Talks to Extend Deadline for Settlement of Contribution in Electric Vehicle JV
03:51 AM EDT, 06/17/2022 (MT Newswires) -- Wuling Motors Holdings (HKG:0305) is in talks to extend the deadline for the payment of its 305.6 million yuan contribution to an electric vehicle joint vent
SAIC-GM-Wuling JV to Jointly Develop Cars With Drone Maker DJI
01:48 AM EDT, 06/10/2022 (MT Newswires) -- SAIC-GM-Wuling or SGMW, a joint venture among SAIC Motor (SHA:600104), General Motors and Wuling Motors Holdings (HKG:0305), has teamed up with Chinese drone
Market Chatter: SAIC-GM-Wuling’s Overseas Sales Jump 39% in January-May
09:41 PM EDT, 06/08/2022 (MT Newswires) -- SAIC-GM-Wuling or SGMW, a joint venture among SAIC Motor (SHA:600104), General Motors and Wuling Motors Holdings (HKG:0305), posted a 39% jump in overseas sa
China’s Passenger Car Sales Plunge at Softer Pace in May
08:14 PM EDT, 06/08/2022 (MT Newswires) -- Retail sales of passenger cars in China plunged 17% year over year in May to 1.35 million units, easing from the 34% drop in April, Xinhua News Agency report
China Halves Purchase Tax For Passenger Vehicles to Spur Auto Consumption
12:05 AM EDT, 06/01/2022 (MT Newswires) -- China halved the purchase tax for passenger vehicles priced under 300,000 yuan ($44,900) starting Wednesday as part of the government's measures to spur auto
Market Chatter: China’s Retail Car Sales to Slide 2% in 2022, JPMorgan Predicts
11:02 PM EDT, 05/19/2022 (MT Newswires) -- China's retail sales of passenger cars will likely fall 2% year over year in 2022 due to the resurgence of COVID-19 outbreaks that dampened consumer appetite
Market Chatter: Sales of SAIC-GM-Wuling's Hongguang MINI EV Jump 6% in January-April
08:43 PM EDT, 05/17/2022 (MT Newswires) -- SAIC-GM-Wuling or SGMW, a joint venture among SAIC Motor (SHA:600104), General Motors and Wuling Motors Holdings (HKG:0305), posted a 6% jump in sales of its
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