Dec. 4, 2008 (China Knowledge) - Brilliance China Automotive Holding Ltd (Brilliance Auto)<1114>, the first Chinese auto maker listed outside mainland China, announced late Tuesday that it will sell 1.314 billion new shares to its...
WASHINGTON, Dec 3 - Senate Majority leader Harry Reid wants to try to find a way to avert threatened bankruptcies in the U.S. auto industry with Detroit Three chief executives readying for a make-or-break hearing...
WASHINGTON, Nov 21 - Any congressional bailout of the distressed U.S. auto industry is not intended to be "life support," but doing nothing "is not an option," House Speaker Nancy Pelosi said on Friday. "We...
NEW YORK, Nov 21 - Plunging U.S. auto sales have slammed the metals industry, but the sector expects an eventual boost from a trend toward greener cars, although the mix of metals used will change....
DETROIT, Nov 23 - As they ponder a $25 billion aid package for America's beleaguered automakers, U.S. lawmakers could do well to study two past auto bailouts : one a failure, the other a success....
WASHINGTON, Nov 19 - Prospects for a Congressional bailout of the U.S. auto industry faded further on Wednesday with little expectation that Democratic leaders would support a compromise...
Germany says its offer to help Opel is a one-off and that no blanket aid for carmakers is needed, but politicians may have to reverse course, as they did for the banking sector, if an auto industry slump worsens...
SANTIAGO, Nov 12 - After a three-year bonanza, Chile's auto industry expects sales to fall in 2009 under the weight of tighter credit conditions, high interest rates and a stronger dollar amid global financial crisis....
SANTIAGO, Nov 12 - After a three-year bonanza, Chile's auto industry expects sales to fall in 2009 under the weight of tighter credit conditions, high interest rates and a stronger dollar amid global financial crisis....
Nov. 7, 2008 (China Knowledge) - Changan Automobile Group, one of the leading auto manufacturers in China, plans to set up a joint venture plant with a Mexican company to produce compact and mid-sized cars...