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GAC MOTOR Delivers the First All-electric Vehicle GE3 Overseas
TEL AVIV, Israel, June 5, 2020 /PRNewswire/ -- GAC MOTOR recently completed the first overseas delivery of its all-electric vehicle, the GE3 SUV.Yakov Ben Hion , the first international GE3 owner, is a technology enthusiast and environmentalist. He believes that a car as a means of transportation,...
TuanChe Announces Management Change
BEIJING, June 5, 2020 /PRNewswire/ -- TuanChe Limited (the "Company" or "TuanChe") (NASDAQ:TC), a leading omni-channel automotive marketplace inChina, today announced that the Company's board of directors (the "Board") has appointed Mr. Chenxi Yu, the Company's current financial controller, to se...
Weidai Ltd. Files 2019 Annual Report on Form 20-F
HANGZHOU, China, June 4, 2020 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it has filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2019 (the "Annual Report) with the S...
Global Electric Vehicle Sales Increase with Implementation of Stringent Emission Norms, Says Frost & Sullivan
SANTA CLARA, California, June 3, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,Global Electric Vehicle Market Outlook, 2020, finds that the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, which are estimated to stand somewhere between ±9% in 2020 compared to 2019 un...
Bitauto to Report First Quarter 2020 Unaudited Financial Results on June 12, 2020
BEIJING, June 2, 2020 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services forChina's automotive industry, today announced that it will report its unaudited financial results for t...
XCMG's XZ13600 Makes Successful Debut in China-Russia 'East-route' Natural Gas Pipeline Project
CAOFEIDIAN, China, June 1, 2020 /PRNewswire/ -- XZ13600, the world's largest horizontal directional drill from XCMG, has made its debut assisting in the non-excavation construction of theChina-Russia east-route natural gas pipeline, a major project from the "Belt and Road" Initiative that began o...
Specialty Chemical Company China XD Plastics Announces Fourth Quarter and Fiscal Year 2019 Financial Results
– Revenue of $1,448.2 million – HARBIN, China, June 1, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials ...
Autohome Inc. Announces Unaudited First Quarter Ended March 31, 2020 Financial Results
BEIJING, June 1, 2020 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), the leading online destination for automobile consumers inChina , today announced its unaudited financial results for the first quarter ended March 31, 2020. First Quarter 2020 Highlights[1] * Net R...
GAC Motor Delivers 550,000 GAC-made masks to International Distribution Partners in 26 Countries
GUANGZHOU, China, June 1, 2020 /PRNewswire/ -- The 550,000 masks that GAC Motor began shipping overseas in early April have arrived in 26 countries for local employees, distribution partners, and customers. Some partners spread the goodwill by donating part of the masks to organizations in need o...
TD Holdings, Inc. Reports Fiscal Year 2019 Financial Results
BEIJING, May 29, 2020 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company") (Formerly known as Bat Group, Inc.), a used luxurious car rental and commodities trading service provider inChina today announced its financial results for the fiscal year endedDecember 31, 2019. The Company be...
Specialty Chemicals Company China XD Plastics Schedules Fourth Quarter 2019 Earnings Release for Monday, June 1st, 2020
HARBIN, China, May 29, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC, "China XD Plastics" or the "Company"), one ofChina's leading specialty chemical producers engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applicati...
Autoliv Provides Market and Business Update, Accelerates Mitigating Measures and Enters Loan Facility With Swedish Export Credit Corporation
STOCKHOLM, May 29, 2020 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today provides updates on market and company measures to manage the auto industry downturn caused by the COVID-19 pandemic. * April virtually at a standstill in Eur...
Digital Retailing and Vehicle Leasing to Propel Automotive Recovery Path, Says Frost & Sullivan
Mobility verticals such as EV, vehicle rental, and connectivity solutions unlock new opportunities for OEMs SANTA CLARA, Calif., May 27, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,COVID-19 Growth Impact Assessment for the Automotive Industry, 2020, presents the impact of the pandemi...
Weidai Ltd. Announces Full Year 2019 Financial Results
HANGZHOU, China, May 27, 2020 /PRNewswire/ -- Weidai Ltd. ("Weidai" or the "Company") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced its financial results for the full year ended December 31, 2019, which have not been audited or reviewed by the Company's i...
Autohome Inc. to Announce First Quarter 2020 Financial Results on June 1, 2020
BEIJING, May 26, 2020 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), a leading online destination for automobile consumers inChina, today announced that it will report its financial results for the first quarter endedMarch 31, 2020, before U.S. markets open on June 1, 2...
China Yuchai International Announces Unaudited First Quarter 2020 Financial Results
SINGAPORE, May 26, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), a leading automotive manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company ...
Hertz Business as Usual in Asia
Singapore, May 24, 2020 /PRNewswire/ -- Recently, Eoin MacNeill, Hertz's Vice President, APAC made the following comments to reinforce that it is business as usual for Hertz inAsia: "The short term self-drive vehicle rental industry, of which Hertz is a key player, has been deeply impacted arou...
XCMG's First Livestreaming of 2020 International Customer Festival Achieves Turnover of US$21 Million
XUZHOU, China, May 23, 2020 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (SHE: 000425) has hosted an unprecedented livestreaming of the firstSoutheast Asia event as part of the 2020 International Customer Festival (the "Festival") onMay 20, which sold 400 sets of cons...
Cango Inc. to Report First Quarter 2020 Financial Results on May 27, 2020 Eastern Time
SHANGHAI, May 22, 2020 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced that it plans to release its first quarter 2020 financial results after the market closes onWednesday, May 27, 2020. The earnings r...
AUTOCRYPT Releases a Major Update to its BSM Verification V2X Technology
SEOUL, South Korea, May 20, 2020 /PRNewswire/ -- AUTOCRYPT, a leader in transportation security technologies for connected vehicles, presented a major update to its BSM (Basic Safety Message) verification technology with an advanced version that outperforms at a minimum of 30% enhanced speed and ...
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