* Ali LME stocks tied up in financing deals * Cancelled stock warrants potentially important * Car industry to bolster aluminium demand LONDON, July 22 - A lack of aluminium combined with stronger demand from...
MILAN, July 6 - Fiat and Guangzhou Automobile Industry Group will invest over 400 million euros ($559.1 million) in a joint venture plant in China to produce cars and motors, the Italian car maker said...
Shanghai, July 1 (Gasgoo.com) China's industry regulatory body has intimated that it may reform the current purchase tax system in the fourth quarter of this year, Asia Pulse reported.
Shanghai, July 1 (Gasgoo.com) China's Beijing Automotive Industry Holding Corp (BAIC) and Geely Automobile Holdings remain interested in Ford Motor's Volvo car unit, Reuters reported yesterday, citing insiders. In addition, a "Western industrial group" is also a potential bidder.
No matter when they enter the mainstream, electrified cars will transform the auto and utilities sectors and create a new battery industry.
The auto industry may be in shambles, but not everyone who makes cars is suffering.
* Car industry group seeks 2-3 year delay to refrigerant ban * Suppliers say green alternatives proven and available * Scientists say threat from refrigerants worse than thought BRUSSELS, June 23 - Car makers are...
Beijing Automotive Industry Holding Corp (BAIC), one of China's major auto producers, is interested in acquiring Ford Motor Co's Volvo car unit, the Wall Street Journal reported, citing insiders close to the situation. The source said a team of BAIC executives is expected to visit Volvo's Gothenburg, Sweden =...
The unthinkable has happened and the once biggest company in the world has gone bankrupt. GM鈥檚 insolvency has sent seismic waves through the entire industry, and indeed, these days it is impossible to escape the various comments about the car maker鈥檚 failure.
* Destocking ending as scrapping schemes boost sales * Manufacturers will face "payback" when schemes end * Recovery will be slow PARIS, June 11 - Destocking in Europe's crisis-hit car industry is coming to an...