Exports and Imports
Hyundai dealers in China seek up to $135 million in compensationWed, 20, Jul 2016
A group of Hyundai dealers in China is seeking 800 million-900 million yuan ($120 million-135 million) in compensation from the South Korean automaker, saying Hyundai has cut the flow of models it exports to them, resulting in dealership losses and closures.
China's BAIC launches exports to MexicoSun, 10, Jul 2016
China's BAIC Motor started selling cars imported from China in Mexico and aims to reach 5,000 sales a year by 2018. BAIC, a unit of Beijing Automotive Group, joins a host of global automakers who have set up operations in Mexico to access markets in the U.S. and Latin America. It sold its first car in Mexico last month.