US EditionGAC Motor, JAC Group To Post Record Losses Due To On-Going Price War
Driven by an extended price war and plant overcapacity, GAC (Guangzhou Automobile Group) and JAC (Anhui Jianghuai Automobile Group Co., Ltd) are expected to post their biggest ever second-quarter losses according to a report published by Reuters.Read More »
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07:51 Private label specialist Ontex expects a decline in both turnover and profit in 2025, due to intense competition from branded baby diaper manufacturers.
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GAC Motor, JAC Group To Post Record Losses Due To On-Going Price War
Driven by an extended price war and plant overcapacity, GAC (Guangzhou Automobile Group) and JAC (Anhui Jianghuai Automobile Group Co., Ltd) are expected to post their biggest ever second-quarter losses according to a report published by Reuters.Read More »
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