WASHINGTON, April 27 - The U.S. government has no desire to run a domestic automaker even though in a restructuring it could wind up with a controlling interest in General Motors Corp, the White House...
* GM, Honda project 2009 China sales growth up to 10 pct * SAIC says own-brand car sales surge, but still small * Global downturn gives Chinese automakers chance for M&A SHANGHAI, April 20 -...
MAHLE Powertrain Ltd. has been established following the acquisition of Cosworth Technology by MAHLE Group in 2005 and provides Integrated Powertrain Solutions (IPS) from concept to manufacture. In this interview, Paul Ward- manager of Mahle Powertrain Shanghai Office talked about his business experience in China; he suggested that Chinese automakers need to develop innovators.
WELLINGTON, March 31 - Asian shares are likely to fall on Tuesday as fears that two large U.S. automakers might face bankruptcy send shudders through markets. Stocks on Wall St fell as much as 3.5...
WASHINGTON, March 25 - The Obama administration task force is likely to recommend more aid for struggling U.S. automakers, a senior senator said on Wednesday. Carl Levin of Michigan told reporters that "it is clear"...
BRASILIA, March 5 - Brazil's government is considering extending a temporary reduction of taxes on industrial goods for a longer period of time to help automakers ride out an economic slowdown, Trade and Industry Minister...
WASHINGTON, Feb 11 - The federal government may offer more help to struggling U.S. automakers but only if they show that they can be commercially viable, U.S. President Barack Obama said on Wednesday. General Motors...
* Investor Ross sees US automakers getting aid, with strings * Says restructuring outside bankruptcy preferable * Says IAC Group has picked up business from failed rivals DETROIT, Dec 5 - Investor Wilbur Ross, known...
Dec 7 - U.S. congressional leaders and the White House are working to reach agreement on a rescue package for U.S. automakers of about $15 billion, less than half the amount they told Congress last...
Dec 7 - U.S. congressional leaders and the White House are working to reach agreement on a rescue package for U.S. automakers of about $15 billion, less than half the amount they told Congress last...