/

Browse Guangzhou Automobile articles

Guangzhou Auto’s 2012 profit down 70-80 percent


Guangzhou Automobile Group, one of China's big state-owned auto companies, announced it expects its 2012 net profit to decline by 70 to 80 percent from a year earlier. “The estimated results have not been audited by any certified accountants,” reads the statement cited by Reuters, adding that the figures represent preliminary estimates. Last year, the carmaker posted a net profit of ...
Read more

related more
spacer

Multimedia zone

2012-Mini-roadster-030.jpg





spacer

More Guangzhou Automobile articles

Honda sales in China dropped 29 percent in November
Honda Motor Company sold 41,205 vehicles in China in November, 29.2 percent less than in the same month last year. The number includes both Honda's sales and those of its Chinese ...
Fiat considering second plant in China to expand output
Fiat is considering a second car factory in China to expand its capacity in the world's largest car market as the carmaker cuts investment in Europe. "In the future, we might ...
Report: China-made Dodge-based compacts may be exported to Europe under the Fiat brand
Fiat is considering exporting to Europe two compact cars built in China, according to a report from Automotive News Europe. The cars will be based on the new Dodge Dart and ...
Chinese market to get dual clutch transmission from Fiat
As per the reports, Fiat enthusiasts in China will get a dual clutch transmission option for the vehicles which are built by Fiat’s 50-50 joint venture with Guangzhou Automobile Industry ...

latest automotive news
Italian Government Presses Marchionne Not to Move Fiat to the US
The Italian government will try to convince Sergio Marchionne not to move Fiat and Fiat Industrial from the country. Industry Minister ...
Peugeot Expects Auto Market in Europe to Stabilize at Low Level
PSA Peugeot Citroen said that demand for new vehicle in Europe has begun to stabilize after deliveries increased last month ...
Button not committing to McLaren’s Honda era
May 22 (GMM/Inautonews.com) Jenson Button on Wednesday refused to commit to McLaren for the beginning of the Honda era ...
Tesla Repaying Loan Gives Obama Biggest Green Win
Tesla paying back the Energy Department loan gives President Barack Obama the biggest win when it comes to his green-energy ...
Daimler and Aston Martin Might Become Partners
Daimler announced it has begun talks with Aston Martin about a possible partnership between the two automakers. The German automaker did ...
Daimler Might Sell German Dealerships to Cut Costs
Daimler might sell four Mercedes-Benz dealerships located in Germany to be able to cut costs and close a profitability gap ...
Lada Niva is renamed the Lada Taiga
The classic Lada Niva off-roader has been recently renamed the Lada Taiga and the model will continue to be offered ...
Renault Megane RS Red Bull Racing RB8 announced
The French based automaker Renault has recently announced its plans to introduce the Megane RS Red Bull Racing RB8, which ...
GM Transfers Finance Jobs to Detroit From New York
GM announced its plans to move 70 finance jobs from New York to Detroit by mid-2014. For decades GM’s treasury office ...
2014 Subaru Legacy and 2014 Outback get priced in the U.S.
Subaru has recently announced the official price lists for the 2014 Legacy and 2014 Outback in the United States. According to ...
Ford Fights High Labor Costs in Canada, GM Transfers Production to the US
Ford, which is the best-selling automaker in Canada, is confident that it will be able to keep its manufacturing profile ...
Malaysia: New Mercedes-Benz A-Class generation teased
The new generation of the Mercedes-Benz has been recently teased for its Malaysian launch, which will probably be set for ...
Meet the 2015 BMW M3
The very first images with the new generation of the M3 have recently hit the web, ahead of its unveil ...
GM and NADA Help Oklahoma Dealerships’ Employees Affected by the Tornado
GM and the National Automobile Dealers Association began helping dealers affected by the Monday’s tornado in Oklahoma. "NADA is working with ...
[VIDEO] Porsche Cayman gets new promo
The German based automaker Porsche has recently released a new promotional video with the new Cayman generation, named “The Code ...
China police gets new Skoda Rapid
The Chinese police department has recently received a new vehicle, a Skoda Rapid, which will be used to fight crime ...
[VIDEO] McLaren MP4-12C vs. Ferrari 458 Italia
A Ferrari 458 Italia and a McLaren MP4-12C have been recently pinned together in a small drag race. The Ferrari 458 ...
Lamborghini Murcielago driver kills motorcyclist in China
The driver of a Lamborghini Murcielago has killed a motorcyclist in China, after losing control of the wheel, due to ...