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China imports 65,000 cars in Q1, down 37%

In the first quarter of 2009, China imported 65,000 vehicles, down 37% from a year earlier, xinhuanet.com reported today. As China's auto market is recovering, the import is expected to rally in the second quarter, but the full-year auto import will see slight fall.

May 4 , 2009
Fiat in talks about takeover of GM's Opel unit

The head of Italian car maker Fiat SpA, which is in the process of acquiring US automaker Chrysler, is continuing talks with German officials about a possible takeover of General Motors' Opel unit, according to media reports on Saturday.

May 4 , 2009