Beijing Auto looking to acquire a brand in Europe or U.S

April 3, 2014 08:21 CET
Beijing Automotive said it wants to buy a "mid- to high-end brand" in Europe or the United States to boost its global presence and it already has candidates in mind.... Read More »



Brit savvy makes this Chinese car a winner

12:01 am U.S. ET | March 1, 2014
The most credible car yet to emerge from China wears an unlikely badge: MG.... Read More »


GM has record China sales in 2013

6:33 am U.S. ET | Jan. 7, 2014
General Motors Co. and its Chinese joint ventures sold a record 3.16 million vehicles in China in 2013, an 11 percent increase from a year earlier, the U.S. automaker said today.... Read More »



Beijing to automakers: Maintain the status quo

12:01 am U.S. ET | Nov. 18, 2013
Every five years the central committee of the Chinese Communist Party convenes to set social and economic policy goals for the country.... Read More »



How Dongfeng can protect a risky investment in PSA

12:01 am U.S. ET | Nov. 12, 2013
Dongfeng is being very cautious about a proposal to buy a stake in its joint-venture partner, PSA -- and rightly so. PSA would like to have Dongfeng's money, but won't be so happy to share technology.... Read More »


JCI turns to private equity to sell auto electronics unit, report says

6:40 pm U.S. ET | June 17, 2013
Johnson Controls is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from several rival auto parts suppliers faltered, according to several people familiar with the matter.... Read More »


Supplier IAC files for $115 million IPO

7:36 pm U.S. ET | June 14, 2013
International Automotive Components Group, backed by billionaire U.S. investor Wilbur Ross, filed with U.S. regulators on Friday to raise up to $115 million in an initial public offering of common stock.... Read More »


A Chinese MG? Not cricket, say Britons, who stay away in droves

12:01 am U.S. ET | May 27, 2013
The new generation of Chinese-designed MGs is proving a tough sell in England, birthplace of the legendary carmaker that produced a long line of stylish roadsters dating back to the 1920s.... Read More »


Volkswagen starts construction of 300,000-vehicle plant in China

May 16, 2013 09:04 CET
Volkswagen has begun construction of a new factory in Changsha, China, with an annual capacity of 300,000 vehicles, the company said in a statement today. The plant is one of seven factories being built by the company as it seeks to expand annual capacity in China to 4 million vehicles by 2018 in order to meet growing demand.... Read More »


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