Shanghai securities News reported on 8th November that, “The growth of China’s auto market this year is beyond our expectation”. Cui Dongshu, the secretary-general of CPCA has recently said that, sales of passenger cars of China in 2016 will increase
Nov. 10 , 2016
Li Shufu and Wang Chuanfu, leaders of top domestic Chinese automotive brands Geely and BYD respectively, are famous in the country. In 2010 Geely succeed in acquiring Swedish automaker Volvo, while BYD has previously claimed that it will be the world
Nov. 9 , 2016
Toyota Motor Corp (7203.T) on Tuesday raised its full-year forecast for operating profit by 6 percent as it expected efforts to scrimp and save would go further to curb the negative impact of a strong yen than previously anticipated.
Nov. 9 , 2016
STOCKHOLM -- The board of brake systems firm Haldex recommended to shareholders today that they accept a takeover bid from German rival Knorr-Bremse, but again flagged risks the offer could face problems with competition authorities.
Nov. 9 , 2016
LONDON -- Workers at BMW's Mini and Rolls-Royce car plants in the UK have backed strike action in a consultative ballot over plans by the German automaker to close the automaker'sfinal salary pensions.
Nov. 9 , 2016
American Axle & Manufacturing Holdings Inc.'s bold move last week to acquire Metaldyne Performance Group Inc. in a $3.3 billion deal is an operational win.
Nov. 9 , 2016