Chinese Great Wall Motor reported sales growth by 10.6%

Chinese automaker Great Wall Motor reported that in the first quarter of 2019 its sales grew by 10.6% in annual terms and amounted to 283,842 cars. During the earnings period, the company sold 232 thousand and 657 off-road vehicles, the annual growth of which was 4.1%. The first two models of electric cars of the Chinese automaker went on sale in the second half of last year. During the period from January to March of this year, 14 thousand 96 units were sold. Data for March showed a growth of Great Wall Motor sales by 16.8% compared to March 2018 to 103 thousand 90 cars. During trading in Shanghai on Wednesday, the value of the company's shares rose by 6.3%. During trading in Hong Kong, shares rose in price by 6.1%.

11.04.2019
Related news

Network International during the IPO raised 1 billion 100 million pounds

The payment system Network International reported that it performed an initial public offering of its shares on the London Stock Exchange, during which it was able to attract £1 billion 100 million. The company set the value of one share at ...
11.04.2019

The growth of industrial production in the UK exceeded forecasts in February

In February, industrial production in the UK increased by 0.6% compared to January. According to the Office for National Statistics, its growth slowed slightly against the January rise of 0.6%, but turned out to be higher than the 0.1% increase ...
11.04.2019

Uber is preparing to raise 10 billion dollars in IPO

The US international company Uber Technologies, which owns the eponymous application for calling a taxi and delivering food, is preparing to hold an IPO, which will be officially announced on Thursday, according to Western media. According ...
11.04.2019

Shareholders of Boeing sued the company after the crash of 737 MAX aircraft

Shareholders of Boeing filed a claim against the American corporation about its concealment of information about the problems with the safety of 737 MAX aircraft and filed a class action lawsuit against it to the Federal Court of Chicago. Within ...
11.04.2019

Industrial production in Italy grew by 0.8% in February

The Italian statistical agency Istat reported an increase in industrial production in February by 0.8% compared to the previous month. The growth rate slowed down compared with an increase in its volume by 1.9% in January. Nevertheless, the ...
11.04.2019
Error
Get in touch with us