Auto & Transportation
Another China-made Bridge Accessible in Norway
CHENGDU, China, April 3, 2020 /PRNewswire/ -- On April 2 local time, the Norwegian Beitstad Bridge was officially opened to traffic. Beitstad Bridge over the Beitstad strait of the municipality of Steinkjer, Trondelag county in centralNorway, was constructed by Sichuan Road and Bridge Group (SRBG...
China Yuchai International to Pay US$0.85 Per Share Cash Dividend for FY2019
SINGAPORE, April 3, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that a cash dividend ofUS$0.85 per ordinary share for the year ended December 31, 2019 has been declared by its Board of Directors. The cash dividend will be p...
Specialty Chemical Company China XD Plastics Provides Update on Impact of Coronavirus Outbreak
HARBIN, China, April 2, 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 primarily for automotive applica...
BEST Inc. to Create Over 40,000 Jobs in 2020
HANGZHOU, China, April 1, 2020 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced the Company's plans to create over 40,000 jobs inChina and Southeast Asia this year to meet c...
China Yuchai International Announces Unaudited Fourth Quarter 2019 Financial Results
SINGAPORE, March 30, 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 Compan...
BYD's New Blade Battery Set to Redefine EV Safety Standards
SHENZHEN, China, March 29, 2020 /PRNewswire/ -- Today, BYD officially announced
the launch of the Blade Battery, a development set to mitigate concerns about
battery safety in electric vehicles.
Yamaha Motor and Tier IV Establish JV for autonomous transportation service
TOKYO, March 26, 2020 /PRNewswire/ -- Yamaha Motor Co., Ltd. and Tier IV, Inc. today announced the launch of eve autonomy, Inc., a joint-venture company based in Shizuoka Prefecture,Japan, that will develop an autonomous transportation service to help Yamaha Motor and other companies address chro...
Hyundai Mobis' roof airbag prevents passengers from being ejected from the sunroof in a rollover accident
SEOUL, South Korea, March 26, 2020 /PRNewswire/ -- Hyundai Mobis said on March 26 that the company is concentrating on enhancing the reliability of new safety devices like the roof airbag and is planning to leverage its differentiated technology to take on the global market. Hyundai Mobis' roof ...
Bitauto Announces Fourth Quarter and Fiscal Year 2019 Results
BEIJING, March 26, 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 its unaudited financial results for the fourth quarter ...
Hyundai Mobis developed radar-based passenger detection system
SEOUL, South Korea, March 24, 2020 /PRNewswire/ -- Hyundai Mobis (KRX:012330) said onMarch 22 that it successfully developed the system for detecting rear-seat passengers with a 'radar' (ROA, Rear Occupant Alert), and it is planning to propose the system to global automakers. The ROA is a device...
Cango Inc. Reports Fourth Quarter and Full Year 2019 Unaudited Financial Results
SHANGHAI, March 23, 2020 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform inChina, today announced its unaudited financial results for the fourth quarter and full year of 2019. Fourth Quarter 2019 Financial and Operational Hig...
China Automotive Systems extends filing date for 2019 annual report
WUHAN, China, March 23, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that is has extended it's 2019 annual report filing date toMay 14, 2020 pursuant to the U.S. Sec...
Cango Inc. to Report Fourth Quarter and Full Year 2019 Financial Results on March 23, 2020 Eastern Time
SHANGHAI, March 19, 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 fourth quarter and full year 2019 financial results after the market closes onMonday, March 23, 2020...
Changan Automobile's UNI-T model leads the way in going intelligent across China's auto industry
CHONGQING, China, March 18, 2020 /PRNewswire/ -- Recently, China-based automaker Changan Automobile's new model UNI-T made its formal worldwide debut. Changan UNI-T, the automaker's first vehicle as part of a new product series, leverages several futuristic technologies in tandem with a unique, a...
China Yuchai International to Announce Unaudited Fourth Quarter 2019 Financial Results on March 30, 2020
SINGAPORE, March 16, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its unaudited fourth quarter 2019 financial results onMonday, March 30, 2020 before the market opens for trading. A conference call...
Royal Caribbean Announces Global Suspension Of Cruising
MIAMI, March 14, 2020 /PRNewswire/ -- Given global public health circumstances, Royal Caribbean Cruises Ltd. has decided to suspend the sailings of our fleet globally at midnight tonight. We will conclude all current sailings as scheduled and assist our guests with their safe return home. As wi...
XCMG's Mega Exhibition Shines at CONEEXPO-CON/AGG 2020 Bringing New orders and New partners
LAS VEGAS, March 14, 2020 /PRNewswire/ -- XCMG has successfully concluded its largest exhibition at the tri-annual CONEXPO-CON/AGG 2020, the largest construction trade show inNorth America hosted last week in Las Vegas, US. The brand's fruitful journey has brought home multiple orders that worth ...
Royal Caribbean Announces Voluntary Suspension of Cruising
MIAMI, March 13, 2020 /PRNewswire/ -- Today Royal Caribbean Cruises Ltd. announced that it is suspending cruising inthe United States for 30 days. We understand the gravity of the public health crisis confronting the country. And this is our part to play. So, beginning at midnight tonight, we ...
Yunqi Partners and Others Inject nearly RMB 200 million in A+ Funding Round for Autonomous Driving Vehicle Company Neolix
BEIJING, March 12, 2020 /PRNewswire/ -- Autonomous vehicle delivery startup Neolix recently completed an A+ round of funding, raising nearlyRMB 200 million. Li Xiang's Lixiang Automotive and ADDOR Capital were the investors in this round of funding, while existing shareholders Yunqi Partners and ...
BEST Inc. Announces Unaudited Fourth Quarter and Fiscal Year 2019 Financial Results
HANGZHOU, China, March 12, 2020 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 201...
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