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Auto Stock Roundup: GM-SolidEnergy Deal, ADNT's Yanfeng JV Update & More

Mar 15, 2021 - Nasdaq
Mergers and Acquisitions-Financial Results

February auto sales data for China—the world’s largest car market—released last week. Per China Passenger Car Association, retail sales of passenger cars witnessed more than fourfold surge on a year-over-year basis thanks to the stabilization of the coronavirus pandemic and supportive government policies. As we know, China auto market was severely hit in February 2020 due to shutdown of factories and dealerships amid lockdown restrictions. Last month, retail sales of passenger cars totaled...