Headlines for Sunday, November 18, 2012

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

Nov. 18, 2012 06:01 CET
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.

GM cranks up no-frills car output in China

8:01 am U.S. ET | Nov. 18, 2012
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.

Europe's new tire label rules expected to increase competition

Nov. 18, 2012 06:01 CET
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.

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