Feb. 11, 2009 (China Knowledge) - Dongfeng Automobile Co Ltd<600006>, a subsidiary of China's third-largest automaker Dongfeng Motor Corp, said it sold 7,858 cars in January, representing a year-on-year decline of 49.72%, the Shanghai Securities...
NEW YORK/DETROIT, Feb 5 - The U.S. government has retained two law firms with extensive bankruptcy experience and the investment bank Rothschild to advise officials on...
* To look at revising output plan depending on carmakers' plans * No change in Nippon Steel's global expansion strategy (Adds details, background) TOKYO, Feb 2 - Nippon Steel Corp, the world's No. 2 steelmaker,...
TOKYO, Jan 16 - Japan's Fuji Heavy Industries, the maker of Subaru cars, warned on Friday it faced an operating loss of 9 billion yen ($100 million) in the year to March, down from the...
Toyota shock has hit Japan's car manufacturing district, leaving factories and small businesses reeling as orders dry up due to a global recession that has put the brakes on car sales worldwide.
* Germany's Merkel meets coalition on stimulus plans * Obama eyes up to $310 billion in tax cuts * Euro zone investment survey shows unexpected rise * US stocks slip; Asian, European shares rally *...
Jan. 6, 2009 (China Knowledge) - China imported around 2.26 million cars last year, representing an increment of 13.06% year on year, sources reported, citing a government statement as saying.511,700 motor cycles were imported during...
TOKYO, Jan 5 - Automobile sales in Japan, excluding 660cc minivehicles, plunged 22 percent in December from a year earlier to the worst level on record for the month, capping a dismal 2008 when demand...
SHANGHAI, Jan 5 - China will issue supportive policies for its automakers in the coming months to maintain roughly 10 percent growth in the industry in 2009, the Shanghai Securities News said on Monday. The...
JOHNSON Controls Inc will invest about US$90 million to build a plant for automotive batteries in east China.