Dongfeng Motor Group Co Ltd (0489.HK)
19 Aug 2019
MILAN/PARIS PSA's shares briefly rose as much as 6.6% on Wednesday and trading volumes spiked after a Bloomberg report said Dongfeng Motor Corp is exploring options for its 2.2 billion-euro ($2.5 billion) stake in the French carmaker.
MILAN/PARIS, Aug 7 PSA's shares briefly rose as much as 6.6% on Wednesday and trading volumes spiked after a Bloomberg report said Dongfeng Motor Corp is exploring options for its 2.2 billion-euro ($2.5 billion) stake in the French carmaker.
BEIJING, July 15 China's biggest ride-hailing company Didi Chuxing will allow users of its smartphone app to access services provided by apps of three domestic auto firms and others, in a push to generate more orders.
LONDON (Reuters Breakingviews) - Peugeot Chief Executive Carlos Tavares may be the biggest winner from the collapsed merger talks between rivals Fiat Chrysler Automobiles and Renault. An alternative deal between the Italian-American carmaker and Tavares’ 19 billion euro group would have a few features to recommend it over the stalled Renault combination.
Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the industry to create more U.S. jobs.
* Suning.Com's investment firm is the JV's largest shareholder
BEIJING, March 22 China's major automobile and internet companies, including Chongqing Changan Automobile , Alibaba and Tencent, are setting up a 9.76 billion yuan ($1.46 billion) joint venture to invest in ride-sharing industry, Chongqing Changan Automobile said on Friday.