News
Mercedes to invest $4.15 bln in China, confirming new engine plant

Shanghai October 28 (Gasgoo.com) Daimler AG will invest 3 billion euros ($4.15 billion) in the next few years to boost China production capacity, confirming that a new engine plant will be built in the country.

Oct. 29 , 2010
Hybrid, electric vehicle demand globally may be overhyped, J.D. Power says

Demand for hybrid cars and electric vehicles may be more modest than advocates for those fuel-saving technologies expect, capturing only 7.3 percent of global sales by 2020, according to a forecast by J.D. Power & Associates.

Oct. 28 , 2010