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SAIC Motor auto sales drop 16.62 percent in H1
Shanghai-based SAIC Motor Corp., the biggest auto company on China's A-share market, reported falling sales in the first half of the year.
S.Korea's LG Electronics sees double-digit fall in Q2 operating profit
LG Electronics saw a double-digit fall in operating profit for the second quarter due to lackluster smartphone and TV businesses.
Fortescue Metals Group turn the sod on Western Australian mining project
The state government of WA has helped turn the first sod on Fortescue Metals' new 1.7 billion Australian dollar mine and rail project on Friday.
Samsung's preliminary operating profit halves in Q2
The preliminary figure for consolidated operating profit reached 6.5 trillion won in the April-June quarter, down 56.3 percent from a year earlier.
China's Dongfeng plans manufacturing electric cars in Egypt
Dongfeng Motor Corporation (DFM) held discussions with the Egyptian minister of trade and industry over manufacturing electric cars in Egypt.
Tesla builds 1,700 super chargers in China
Tesla said Wednesday that it had expanded the charging network in China and built more than 1,700 super chargers in its biggest overseas market.
Ford Q2 U.S. sales drops 4.1 pct
Ford Motor Company sold 650,336 vehicles in the second quarter of 2019 in the United States, dropping 4.1 percent from the same period last year.
China's property developer Vanke sees contracted sales up 9.6 pct in H1
China Vanke Co. Ltd., a leading property developer, reported its contracted sales amounted to 334 billion yuan in the first half year.
GM sees second quarter U.S. sales decline
General Motors Co. (GM) reported on Tuesday it sold 746,659 vehicles in the second quarter of 2019 in the United States.
FCA reports 2 pct increase in June U.S. sales
Fiat Chrysler Automobiles (FCA) said Tuesday it sold 206,083 vehicles in the U.S. market in June, up 2 percent from the same month last year.
China's two shipbuilding giants plan merger
China's two largest shipbuilders are planning for a merger, according to information disclosed Monday by their listed arms.
Amazon plans to create 1,800 jobs in France
The world's largest online retailer Amazon will create 1,800 permanent posts this year in France.
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