Chinese-based ute and SUV manufacturer Great Wall Motors is set to shift away from its current importer and distributor, Ateco Automotive, as it takes local control of its own fortunes, as well as those of sub-entity Haval in Australia. Since 2009, Great Wall Motors vehicles have been brought in through Ateco and sold through a network of 80 dealers around [...]
Auto makers ranging from General Motors to Great Wall Motor to China Guangzhou Auto are increasingly taking roles on the silver screen to tout their brands. Some even take the lead, with GM’s Chevrolet Camaro portraying Bumblebee in the “Transformers” movies. But has GM picked up some bad habits from Hollywood?
, the Chinese automaker controlled by billionaire Wei Jianjun, said on Friday net profit in the first half fell by 3% to 3.95 billion yuan, or $643 million in the first half of the year on “an increase in technology development fees.” Sales increased by 8% to 28.5 billion yuan, or $4.6 billion. Great Wall’s [...]
Just ahead of Tesla Motors' (NASDAQ: TSLA) earnings release on Thursday, I was defending the stock on the Fox Network, as other industry professionals doubted its ability to beat Wall Street's
Once the darling of investors amid ambitions of taking on foreign automakers such as Jeep with its line of SUVs, Great Wall Motors’ recent fall from grace on the back of the upscale Haval H8 may be a sign Chinese automakers are not yet ready to move from production of cheap transportation. Bloomberg reports production […]
Most emerging-market stocks fell as Great Wall Motor Co. dragged Chinese shares lower, offsetting a rally in Indian equities. ||| Bangkok - Most emerging-market stocks fell as Great Wall Motor Co. dragged Chinese shares lower, offsetting a rally in Indian equities. Show More Summary
, the automaker controlled by Chinese auto billionaire Wei Jianjun, plunged in Hong Kong and Shanghai today after the company said it would halt deliveries of a key new SUV model. In Shanghai trade of domestic A-shares, Great Wall fell by its 10% daily down limit, closing at a 15-month low that erased $552 million [...]
Great Wall Motor, the automaker controlled by China’s richest auto billionaire Wei Jianjun, has announced the “deferral” of deliveries of a key new premium SUV model, the latest sign of trouble at some of the country’s largest non-government-owned motor vehicle manufacturers. Customers of the company’s troubled Haval H8 reported “some knocking noises in the transmission system [...]
On Monday, both Bloomberg and the Wall Street Journal reported that Ford Motor Co.would soon announce chief operating officer Mark Fields as its next CEO, as well as a retirement date for its well regarded current chief executive, Alan Mulally. The reported succession plan is no ordinary changing of the guard. Mulally has been called Ford's […]
The world's hottest automaker has wowed Wall Street for a year, but can Tesla's (TSLA) fundamentals ever catch up to its white-hot stock?
Emerging-market stocks fell for the first time in three days as Great Wall Motor tumbled on a product delay. ||| Hanoi - Emerging-market stocks fell for the first time in three days as Great Wall Motor Co. tumbled on a product delay and exporters followed US equities lower. Show More Summary
Roewe Mobiliant, a concept car designed by SAIC Motor, is a great exercise in imagination, as it leaves behind bidimensional …
China is the world's biggest auto market, and Great Wall Motor's Wei Jianjun hits $9 billion.
Great Wall Motor, the fast-growing, non-government-own Chinese motor vehicle maker, said today its business continued to expand rapidly in the first half of the year. Net profit shot up by 74% in the six months to June from a year earlier to 4.1 billion yuan, or $683 million, on sales that soared 44% to 26.6 [...]
The Bentley Flying Spur is officially fair game. We brought you live photos from the Geneva Motor Show and from the New York auto show--and now, we're just back from a first drive from Beijing to the Great Wall. We'll have more in depth on the drive soon, but first, take a look through our Flying Spur tour of this small part of China, through an...
Hot on the heels of last week’s F1 inspired by Twizy, comes another (slightly) less outlandish EV in the form of the awkwardly named GWKULLA. Looking very much like the Twizy, this concept from Great Wall Motors showed its pert little...Show More Summary
Stop us if you've heard this one before: "The Chinese are coming." According to Automotive News, Great Wall Motor Co. plans to sell its vehicles in the US by around 2015. The Chinese automaker has been researching its planned expansion...Show More Summary
Great Wall Motors is planning on becoming the first Chinese automaker to enter the U.S. market.
Hong Kong-listed shares in Great Wall Motor, one of China’s non-government owned automakers, rose by 1.3% today after the company said net profit climbed by 65.7% in the 12 months to December to 5.7 billion yuan, or $934 million. The earnings announcement was posted after the close of trade yesterday. Sales last year soared 43.4% [...]
, one of ’s non-government-owned automakers, said yesterday its net profit bulged by 65.7% in the 12 months to December to 5.7 billion yuan, or $934 million, amid soaring sales. The announcement was posted after the close of trade in the company’s -listed shares, which climbed 4.7% yesterday before the announcement. They have more than doubled in the [...]