Shanghai, October 20 (Gasgoo.com) Beijing Auto, an employer of a former Ford Motor engineer arrested in the U.S. last week for allegedly stealing trade secrets, said today it is watching the case closely, but relies on its self-developed designs and technology, the AP reported.
Hong Kong-listed Li & Fung Ltd<0494>, the world's leading consumer goods exporter, Monday said its wholly-owned subsidiary, LF USA Inc, would buy the young men's and children's apparel business in U.S.-based fashion brand manager Wear Me Appeal, LLC for US$100 million, as part of its efforts to expand...
Shanghai, October 19 (Gasgoo.com) A Chinese national employed by Beijing Automotive Industry Holding Corp (BAIC) has been accused of stealing trade secrets from Ford Motor, but BAIC said today that the man was in the U.S. on personal leave when he was arrested last Wednesday, Reuters reported.
SHANGHAI, Oct 19 - A Chinese national accused of stealing trade secrets from Ford Motor Co was employed by Beijing Automotive Industry Holding Corp (BAIC), China's fifth-biggest automaker, but was in the United States on...
* Yang plans 3 clean-car plants in U.S. with 3 mln capacity * To make sedans in Alabama, utility vehicles in Detroit * Seeks investors for 60 bln yuan China engine/vehicle plan (Adds details) HONG...
* SAIC, GM in talks to explore business opportunity in India * Analysts positive on closer ties in fast-growing market (Adds analyst comment, background) SHANGHAI, Oct 16 - SAIC Motor Corp, China's biggest automaker, is...
SHANGHAI, Oct 16 - Chinese electric car and battery maker BYD Co Ltd's nine-month car sales soared 50 percent over the previous year to almost 300,000 units, the China Securities Journal reported on Friday. MidAmerican...
Shanghai, October 14 (Gasgoo.com) A startup car company run in the U.S. by a Chinese businessman recently unveiled four prototype vehicles that it hopes to build at a proposed multibillion-dollar plant in northwestern Mississippi, the Associated Press reported.
* Aims to grow faster than China market next year * Expects to sell more than 1.6 mln vehicles in China in 2009 * Optimistic on outlook for China market (Adds more comments, details) SHANGHAI,...
* Deal on Opel sale could come this week, GM CEO says * GM CEO says not talking to China regulators about Hummer * Sees continued significant growth in China auto market (Adds CEO quotes,...