Market & Industry
All-new Buick GL8 MPV launching this month in ChinaNov. 13 , 2010
Mercedes to invest $4.1 billion in China production before 2015
Shanghai November 10 (Gasgoo.com) Daimler AG plans to invest 27 billion yuan ($4.1 billion) in expanding its annual production capacity and Mercedes-Benz sales network, and establishing its first engine plant outside Germany in China before 2015, its Chief Executive Dieter Zetsche said during his third visit to the country this year, bbtnews.com reported Wednesday.
Nov. 13 , 2010GM plans to raise its stake in SAIC-GM-Wuling to 44%
General Motors Co. said it plans to increase its stake in the Wuling microvan joint venture it owns with Chinese partner SAIC Motor Corp. to 44%, part of efforts to integrate the Chinese operation more into the U.S. company's global operation.
Nov. 12 , 2010Changan Auto unveils new brand strategy Nov. 12 , 2010