News
GM may block sale of Saab to Chinese firms

Gulf News (Detroit) - General Motors Co. indicated it may block the sale of its former Saab Automobile unit to two Chinese companies if the deal would harm GM's interests.

Nov. 8 , 2011
Volvo sets sights on Chinese luxury market

Gasgoo.com (Shanghai November 3) - Volvo's largest and most expensive model is about to be unveiled, Shanghai Securities News reported CEO of parent company Geely Automobile Li Shufu as saying earlier this week. With those words, Geely has set its sights on competing with BMW and Mercedes to strengthen its hold on the luxury segment.

Nov. 8 , 2011