Auto & Truck Manufacturers
Oct 20(Reuters) - HL Corp Shenzhen <002105.SZ> ::Sees FY 2017 net profit to increase by 65 percent to 115 percent, or to be 47.1 million yuan to 61.4 million yuan.Says FY 2016 net profit was 28.6 million yuan.The reason for the forecast is sharply increased revenue from sharing bikes business .
Oct 13(Reuters) - Wuxi Best Precision Machinery Co Ltd <300580.SZ> ::Says net profit for 2017 Q1 to Q3 to increase by 5 percent to 20 percent, or to be 87 million yuan to 99.4 million yuan, compared to net profit of 2016 Q1 to Q3 (82.9 million yuan).Says steady growth of business as main reason for the forecast.
Aug 31 (Reuters) - Zhejiang Qianjiang Motorcycle Co Ltd <000913.SZ>:* Says it will dissolve Wuxi-based semiconductor unit .
Aug 16 (Reuters) - Geely Automobile Holdings Ltd <0175.HK>:HY total revenue RMB 39.42 billion versus RMB 18.09 billion.HY net profit RMB4.34 billion versus rmb 1.91 billion.It is envisaged that group's exports business would continue to be operated at current restricted scale in remainder of 2017.In short to medium term, group will continue to restructure its distribution network in overseas markets.Board resolved not to pay an interim dividend to company's shareholders.Decided to revise upward our original full year sales volume target by 10 percent from 1 million units to 1.1 million units in July 2017.Targeting to reach total sales volume of 2 million units by year 2020.
Aug 2 (Reuters) - Ferrari Chief Executive Sergio Marchionne tells analysts on a conference call: :rules out SUV for Ferrari "you will have to shoot me first", but says can imagine utility vehicle for group in "Ferrari style".if group pushes for utility vehicle, it will be of a caliber that doesn't compromise exclusive status.Maranello plant could theoretically double production volumes but group would not push towards that if it compromises exclusivity status.expansion of vehicle portfolio will focus on developing other models that are less technologically extreme, idea is not to introduce lower-price models.approaching volume limit of cars it can sell with current portfolio without compromising exclusivity.development of luxury strategy beyond cars will take time, to brief investors in early 2018 on that strategy to 2022.
July 13(Reuters) - Dongfeng Electronic & Technology Co Ltd <600081.SS> ::* Says it plans to dissolve its Chongqing-based machinery manufacturing sub-subsidiary.
Tenneco determined to undertake restructuring initiative, close its clean air manufacturing plant in O'sullivan beach, Australia
July 6 (Reuters) - Tenneco Inc
Ford announces field service action to correct driveshaft issue in certain model year 2015 through 2017 transit vans
June 28 (Reuters) - Ford Motor Co
June 15 (Reuters) - Renault SA