SHANGHAI, May 19 (Reuters) - China's Guangzhou Automobile has reached an initial agreement with Hunan Changfeng Motor Co <600991.SS> to take a major stake, possibly up to 30 percent, in the sport ...
SHANGHAI, May 21 (Reuters) - China's Guangzhou Automobile will sign an agreement on Thursday to take a 29 percent stake in Hunan Changfeng Motor Co <600991.SS>, becoming the largest shareholder of the ...
Cheetahs are leaping forward! Welcome to the world of Changfeng Motor, the latest Chinese automaker to announce plans to export to the West. Mark Bursa went to Detroit, in pursuit of the great. The ...
Chinese are everywhere nowadays, that's for sure. After purchasing Hummer and getting involved in two of the biggest deals of the automotive industry - Opel and Saab -, Chinese automakers are again ...
Speculation about entry of some Chinese auto manufacturer into the American market has been inescapable over the past couple of years. More than one company has been rumored to be the likeliest one to ...
Even if Chinese automakers are currently involved in takeover negotiations for several European brands, these companies go further with their development plans and are getting ready to present their ...
SHANGHAI-- Mitsubishi Motors Corp. says it will increase its stake in Changfeng Motor Co., a small Chinese SUV maker, and convert it into a 50-50 joint venture with Guangzhou Automobile Group Co.
Guangzhou Automobile Group Co Ltd said it plans to merger with GAC Changfeng Motor Co Ltd. through a 5.23 billion yuan ($766 million) share swap, the 21cbh reported Wednesday. Guangzhou Auto announced ...