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GM sells Saab to Swedish automaker
General Motors announced Tuesday that it had agreed to sell its Swedish unit, Saab Automobile, to a consortium led by the sports car maker, Koenigsegg Automotive.
Jun. 17 , 2009FAW Group, Brilliance Auto in merger talks
FAW Group and Brilliance Auto are in talks for merger and restructuring, and FAW is expected to buy controlling stake in Brilliance, the 21st Century Business Herald reported today.
Jun. 17 , 2009Volvo says its truck deliveries fall 57% y/y in MayJun. 17 , 2009
Ford launches 'skills for life' training in ChinaJun. 16 , 2009
Korea is losing auto race in northeast Asia
"The edge Korean compact cars had is likely to be threatened by ... the offensives by the Fiat-Chrysler group," and rapid steps taken by Japanese and Chinese automakers can be a greater threat.
Jun. 16 , 2009Hyundai receiving orders for Elantra LPI HEVJun. 16 , 2009