NEW DELHI, Jan 12 - Car sales in India fell 7 percent in December to 82,105 units from a year earlier, an industry body said on Monday, the fifth drop in six months as high...
LAST year was a rocky year for China's auto industry, with much to be proud of and also some disappointments.
SILAO, Mexico, Dec 4 - The specter of bankruptcy hanging over automakers in Detroit is also stoking fears in Mexico, whose car industry is heavily dependent on the U.S. economy. Mexico was the world's 10th-biggest...
SHANGHAI Automotive Industry Corp yesterday denied it is considering buying General Motors Corp after it and China's Dongfeng Motor Corp were reported to be potential buyers of GM, the world's biggest car maker that is struggling to avoid running out of cash, by controlling its major shareholder.
It's been year since we blogged Chinese press reports that China's SAIC might buy GM. It turned out to be one of many Chinese rumors that followed. We became the target of hate mongering鈥攕ome idiots even accused us of driving down GM's and Chrysler's stock price...
Shanghai, November 25 (Gasgoo.com) Yang Rong is in talks with three listed Chinese companies about their cooperation in his China-based vehicle and engine project, reported Reuters yesterday, citing the former chairman of Brilliance China Automotive Holdings Ltd.
Shanghai, November 25 (Gasgoo.com) Beijing Automotive Industry Holding Corp (BAIC) said today that it will "cautiously re-evaluate" General Motors' Saab brand deal after co-bidder Swedish automaker Koennigsegg pulled out of talks to buy Saab, Dow Jones reported.
Shanghai, November 25 (Gasgoo.com) Taxi passengers in Beijing city have to pay an extra yuan to their fares starting today. The move is meant to offset the capital city's rising fuel prices which hit the highest level in years, Xinhua News reported.
Shanghai, November 25 (Gasgoo.com) China's top automaker SAIC Motor Corp. aims to sell about 90,000 own-brand vehicles this year, nearly double the original target, Reuters reported yesterday, citing the company's president.
Shanghai, November 24 (Gasgoo.com) Guangzhou Auto Co. (GAC) is seeking to go public as a step forward in the new round of strategic development, announced Zeng Qinghong, the general manager of GAC, yesterday at the ongoing Guangzhou Auto show, reported Xinhua News.