China auto association flags concern over dealership losses to government

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China auto association flags concern over dealership losses to government
Financial DifficultiesSizable DiscountsChina
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Car dealers incurred combined losses of 138 billion yuan ($19.55 billion) in the first eight months of the year as they were forced to sell new cars at...

BEIJING - Car dealers incurred combined losses of 138 billion yuan in the first eight months of the year as they were forced to sell new cars at sizable discounts , the China Automobile Dealers Association said on Monday.

Money-losing China Grand Automotive Services, the country's second-largest dealership, was delisted from the Shanghai bourse in August after its stock traded below par value for 20 consecutive days. RICHMOND, Va., September 23, 2024--Owens & Minor, Inc. , announced today that Mr. Jonathan Leon has been named Executive Vice President, Chief Financial Officer, effective immediately. Leon will maintain his corporate treasurer responsibilities while a search for his successor is underway. Mr. Leon has been with the Company since 2017, most recently serving as Interim Chief Financial Officer and Corporate Treasurer since June 2024. He will report directly to Mr.

DALLAS, September 23, 2024--Kosmos Energy Ltd. announced the early tender results of its previously announced series of tender offers to purchase for cash up to $400,000,000 aggregate principal amount of the Offeror’s outstanding 7.125% Senior Notes due 2026 and up to $100,000,000 aggregate principal amount is releasing its first Task Force on Climate-related Financial Disclosures report.

Lifezone Metals Announces Initiation of Project Financing Process for the Kabanga Nickel Project in Tanzania

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Financial Difficulties Sizable Discounts China Dealerships

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