Search

BAIC to increase dealer network by 400% in 2011

Shanghai December 27 (Gasgoo.com) Beijing Automotive Industry Holding Corp (BAIC) plans a 400 percent increase in its dealer network to 200 dealerships before the end of 2011, auto.163.com reported Monday, citing the company's deputy general manager Zhang Xin.

Dec. 31 , 2010
Foton Motor to tap high-end SUV market

Shanghai October 29 (Gasgoo.com) Beiqi Foton Motor Co, the world's biggest commercial vehicle maker by sales last year, is developing a sport utility vehicle (SUV), code-named U201, which shares platform with Foton's high-end pickup P201, looks similar to the Toyota Prado in size and will be put on the domestic market in 2013 following P201's launch, the Beijing News reported Friday.

Dec. 31 , 2010
Porsche wins dismissal of fund suits over VW shares

Porsche Automobil Holding SE won dismissal of two lawsuits over claims the company cost hedge funds more than $2 billion when it misled short-sellers in its acquisition of Volkswagen AG shares in 2008.

Dec. 31 , 2010