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.
China’s largest SUV maker Great Wall Motor Co released its financial data for the first six months of the year. Perrigo, Michigan based drug maker reached a deal for the acquisition of its competitor Elan for $8.6 billion. Today oil prices decreased to near $104 per barrel amid weaker performance of the Nikkei stock index. Show More Summary
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 [...]
BEIJING/SHANGHAI (Reuters) - Chery Automobile Co, once China's largest home-grown auto maker, is relying on government subsidies to turn a profit while domestic rivals Great Wall Motor Co and Geely Automobile Holdings pull ahead.
Great Wall Motor, one of the largest non-government-owned manufacturers of automobiles and parts in China, said net profit in the first half of the year climbed by 29.9% as it sold more vehicles at home and overseas. Net profit totaled 2.35 billion yuan, or $367 million, compared with 1.81 billion yuan a year earlier. Sales climbed [...]
BAODING, China (Reuters) - The giant orange robotic arms that swiftly weld together car frames at the Great Wall Motors factory in Baoding might seem like the perfect answer to China's fast-rising labor costs - they don't ask for a raise, get injured o...