china yuchai forms strategic cooperation with kim long motor

China Yuchai forms strategic cooperation with Kim Long Motor

China Yuchai International Limited (NYSE: CYD) through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited (Yuchai), announced on February 20 that Yuchai had entered into a comprehensive strategic cooperation agreement with Kim Long Motor Hue, a subsidiary of Vietnam's FUTA Group.
chinese vehicle makers drive aggressive expansion

Chinese vehicle makers drive aggressive expansion

Chinese carmakers are beefing up their operation in Vietnam with plans to build manufacturing factories.
carmakers fume over fees

Carmakers fume over fees

Vietnam-based car-makers are feeling the heat after Hanoi and Ho Chi Minh City lifted automobile ownership registration tax rates.
carmakers ride on despite sales dip

Carmakers ride on despite sales dip

Famous automakers are pushing on with plans to launch new models and promotions in Vietnam despite the pandemic roadblocks, thanks in part to positive results made over the first half of the year.
carmakers go it alone on e vehicle charging solutions

Carmakers go it alone on e-vehicle charging solutions

Carmakers in Vietnam are looking to develop their own charging infrastructure for electric vehicles through strong partnerships.
carmakers rack up profits despite global intricacies

Carmakers rack up profits despite global intricacies

The lack of car manufacturing supplies has increased delivery times and increased driver costs. However, the high demand is helping some businesses in the industry reap big profits.
carmakers keen on extension of sct pay

Carmakers keen on extension of SCT pay

The Ministry of Finance has sent to the Ministry of Justice a dossier on the extension of special consumption tax for domestically manufactured cars incurred from June-September 2023, until November 20.
domestic carmakers jostling with competition from imported brands

Domestic carmakers jostling with competition from imported brands

Three months after ending the preferential policy of 50 per cent reduction in registration fees for domestically-assembled cars, the volume of imported cars to Vietnam has increased sharply.
time running out for eu carmakers fiat chief

Time running out for EU carmakers: Fiat chief

Time is "running out" for European carmakers to address structural problems, Fiat chief Sergio Marchionne said Wednesday as he slammed government bailouts of his competitors.
carmakers hit the brakes over newest emergency measures

Carmakers hit the brakes over newest emergency measures

Auto manufacturers are looking at bleak prospects as the global pandemic weakens sales and pushes them to temporarily suspend production, with the trend expected to continue through April at least.
european markets lifted by carmakers after trade plan

European markets lifted by carmakers after trade plan

Continental European equity markets rose on Thursday (Jul 26), lifted by shares in French and German carmakers which accelerated after US President Donald Trump appeared to back away from tariffs on the sector.
government mulls safeguards to protect domestic carmakers

Government mulls safeguards to protect domestic carmakers

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade (MoIT) and relevant agencies to study the possibility of applying safeguards to protect the domestic automobile manufacturing industry from looming zero-tariff car imports.
china carmakers plans raise overcapacity concerns

China carmakers' plans raise overcapacity concerns

BEIJING, October 17, 2010 - Booming auto sales in China have spurred manufacturers to step up production so fast that concerns over "blind investment" and overcapacity in the sector are emerging, analysts said.
anxious carmakers hoping losses remain in rear mirror

Anxious carmakers hoping losses remain in rear mirror

Despite efforts in converting part of their facilities to produce ventilators and face masks for fighting the coronavirus pandemic, global carmakers are still reporting losses that are hoped to eventually change direction into profit again by the end of the year.
chinese yuan weakened to 11 year low in response to new tariffs

Chinese yuan weakened to 11-year low in response to new tariffs

Earlier on Monday morning, the Chinese yuan weakened to an 11-year low. The onshore renminbi weakened as much as 0.7 per cent against the dollar to its lowest since February 2008 following comments from the White House that President Trump’s only regret was not raising tariffs more than he already had.  
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