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Guangzhou Automobile Group Co Ltd (601238.SS)

601238.SS on Shanghai Stock Exchange

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Thu, Jan 18 2018

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Chinese automaker's U.S. market drive runs into Washington opposition

WASHINGTON Chinese automaker GAC Automobiles' plan to sell vehicles in the United States ran afoul of Washington trade politics on Wednesday, as the top U.S. Senate Democrat and U.S. President Donald Trump separately criticized Chinese trade practices.

Chinese automaker's U.S. market drive runs into Washington opposition

WASHINGTON Chinese automaker GAC Automobiles' plan to sell vehicles in the United States ran afoul of Washington trade politics on Wednesday, as the top U.S. Senate Democrat and U.S. President Donald Trump separately criticized Chinese trade practices.

Chinese automaker's U.S. market drive runs into Washington opposition

WASHINGTON, Jan 17 Chinese automaker GAC Automobiles' plan to sell vehicles in the United States ran afoul of Washington trade politics on Wednesday, as the top U.S. Senate Democrat and U.S. President Donald Trump separately criticized Chinese trade practices.

CORRECTED-BRIEF-Guangzhou Automobile Expects FY Net Profit Attributable To Rise By RMB3.4 Bln-RMB4.6 Bln (Jan 15)

* NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EXPECTED TO INCREASE BY RMB3,350 MILLION TO RMB4,570 MILLION AND BY 55 PCT TO 75 PCT FOR FY 2017

BRIEF-Guangzhou Automobile Group Expects 2017 Net Profit Up 55-85 Percent Y/Y

* SAYS IT EXPECTS 2017 NET PROFIT UP 55-85 PERCENT Y/Y FROM 6.3 BILLION YUAN ($979.17 million) YEAR AGO Source text in Chinese: http://bit.ly/2B14oFz Further company coverage: ($1 = 6.4340 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

BRIEF-Guangzhou Automobile Sells More Vehicles In Dec And 2017 From Year Ago

* SAYS IT SOLD 178,264 VEHICLES IN DEC VERSUS 168,597 UNITS YEAR AGO

BRIEF-Guangzhou Automobile Group signs strategic cooperation framework agreement

* Says it signs strategic cooperation framework agreement with Guangzhou-based public transport company

BRIEF-Guangzhou Auto Aims To Achieve At Least 10 Percent Growth In Sales And Production In 2018

* SAYS IT AIMS TO ACHIEVE AT LEAST 10 PERCENT GROWTH IN SALES AND PRODUCTION IN 2018 Source text in Chinese: http://bit.ly/2liev3y Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Guangzhou Automobile Signs Strategic MOU With Shanghai's NIO

* SAYS IT SIGNS STRATEGIC MOU WITH SHANGHAI'S AUTO FIRM NIO, PLANS TO SET UP JV Source text in Chinese: http://bit.ly/2CfLaAK Further company coverage: (Reporting by Hong Kong newsroom)

BRIEF-Guangzhou Automobile Plans New Energy Car Firm, Board Approves GAC Toyota Engine's Engine Project

* SAYS IT AND UNIT PLAN TO SET UP NEW ENERGY CAR COMPANY WITH PARTNERS ON PROJECTS WITH INVESTMENT OF 1.28 BILLION YUAN ($195.30 million)

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