BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, is in battery supply talks with several automakers from Europe and the U.S., sources reported, citing Chairman Wang Chuanfu as saying.Wang revealed that the company may sign contracts with one U.S. automaker...
General Motors China said on Monday its businesses in the country will stay unaffected after General Motors' CEO Rick Wagoner was forced to resign by the Obama administration, China Daily reported.GE and its partners are optimistic about the Chinese market and its future development plans in the world's...
BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, said its net profit decreased 37% year on year to RMB 1.021 billion in 2008, mainly dragged by the decline of its mobile phone battery business, rising material spending and RMB appreciation, according to the...
Bayerische Motoren Werke AG (BMW), the world's largest premium car maker, will unveil its two latest models at the upcoming Auto Shanghai 2009 in April, the Beijing Times reported on Thursday.However, BMW China did not reveal any details about the debut, according to the report....
BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, said the company has received the invitation by Warren Buffet to display its electric car models at his company's general meeting of shareholders on May 2, the official Xinhua News reported on Tuesday....
The combined China vehicle sales target for Volkswagen Group and Toyota Motor Corp in 2009 is 1.7 million, accounting for 25% of the estimated 6.5-million sales volume in the country's passenger car market, the Beijing Morning Post reported on Tuesday.Volkswagen AG said that it would introduce 11 new...
Chery Automobile Co Ltd, the largest private automaker in China, launched its luxury car brands Riich and Rely in Wuhu on Thursday as part of the auto maker's efforts to boost sales and expand overseas operations, the Shanghai Daily reported.Chery will produce high-end car under the brand Riich and all...
BYD Co<1211>, China's largest rechargeable batteries maker as well as automobile producer, will unveil its first MPC model, M6, at the upcoming Auto Shanghai 2009 in April, sources reported.The M6 vehicle will be equipped with the self-developed 2.0-liter four-cylinder engine or the Mitsubishi 2.4-liter four-cylinder...
Germany-based Audi AG is likely to set up its China unit in Beijing soon, a local media reported on Wednesday, citing company insiders as saying. The China unit will be named Audi (China) Corporate Management Co Ltd. Dietmar Voggenreiter, who is on the way to shift his headquarters to Beijing from...
A group of Beijing-based auto enterprises is working on the possible acquisition of U.S. automobile parts maker Delphi Corp, the 21st Century Business Herald reported on Wednesday, citing people close to the deal as saying.The group was made up of Beijing Automobile Industry Holding Corp (BAIC) and some...