Headlines for Sunday, November 18, 2012

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Jaguar Land Rover, Chery to invest $1.75 billion in China plant

Jaguar Land Rover and Chery Automobile will invest 10.9 billion yuan ($1.75 billion) to build a manufacturing plant in eastern China and create a new brand to cater to the nation's consumers. Read More »

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GM cranks up no-frills car output in China

GM and its local partners, intensifying competition in China's no-frills car market, on Sunday formally opened another plant for its low-cost Baojun brand. The plant in the southern China city of Liuzhou is Baojun's second producing cars priced as low as $6,400. Read More »

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Europe's new tire label rules expected to increase competition

Starting this month, car tires in the EU have to bear performance labels. Differentiation is crucial for European tiremakers such Michelin, Continental and Pirelli as low-cost Asian manufacturers step up competition to woo away customers in the region's stagnant market. Read More »



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