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Changan Ford CEO hints at Ford embarking on large scale production in Chongqing

Gasgoo.com (Shanghai June 10) - Chongqing is slated become Ford's largest production base outside of Detroit, Changan Ford CEO Marin Burela told auto.163.com during an interview earlier this week. The news squashes recent media speculation that Ford is considering expanding facilities in Tianjin.

Jun. 11 , 2011
General Motors open to Opel sale

The Wall Street Journal - Two years after scrapping plans to sell its Adam Opel unit, General Motors Co. is open to selling the struggling brand if it gets an offer more favorable than the one it rejected in 2009, according to people familiar with the situation.

Jun. 11 , 2011
VW workers aim to get a stake this year

Reuters (Hamburg) - Volkswagen (VOWG_p.DE) workers aim to obtain a stake in Europe's largest carmaker, a spokesman for the works council said, as they had been promised in the company's takeover battle with Porsche (PSHG_p.DE).

Jun. 10 , 2011