News
FAW Group announces new vice president

Gasgoo.com (Shanghai September 7) - FAW Group, Chinese partner of Toyota, VW and other major manufacturers, announced yesterday that current Vice President Xu Xianping would be assuming the role of group president, the Beijing Times reported today. Mr. Xu will assume the role in ten days.

Sep. 8 , 2011
Mercedes envy of BMW profits prompts expansion

Bloomberg News (Berlin) - Daimler AG (DAI)'s Mercedes-Benz plans to expand its lineup of high-end luxury cars and sport-utility vehicles in an effort to surpass Bayerische Motoren Werke AG (BMW)'s record profit.

Sep. 8 , 2011