Beijing Automotive Industry Holding said it paid US$200m to purchase technology from General Motors' Saab unit as the Chinese automaker speeds up development of its own vehicles.
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Automotive,
General Motors,
Saab
Beijing Automotive Industry Holding Corp said it paid $200 million for Saab technology, allowing the Chinese automaker to roll out Saab-based cars as soon as 2011.
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Automotive,
Saab
Beijing Automotive Industry Holding Corp said it paid $200 million for Saab technology, allowing the Chinese automaker to roll out Saab-based cars as soon as 2011.
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Automotive,
Saab
TRW Automotive Holdings has raised US$400m of new term loans of which $225m matures on 30 May, 2015 and $175m matures on 30 May, 2016, both subject to certain conditions. Proceeds from the new loans, together with cash on hand, were used to repay the outstanding balances of previously existing term loans, which had earlier maturities than the newly issued term loans.
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Automotive
As the decade dubbed 'the noughties' bows out, Dave Leggett looks back at the last ten years and considers some of the events and trends that helped shape the automotive decade. Here are his ten.
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Automotive
The United States is claiming victory in a trade dispute with China, after Beijing announced it would scrap subsidies for products including automotive parts and vehicles.
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Automotive
Automotive wheel maker Hayes Lemmerz International Inc. exited Chapter 11 bankruptcy after slashing its debt and costs to better match declines in auto production.
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Automotive
Automotive wheel maker Hayes Lemmerz International Inc. exited Chapter 11 bankruptcy after slashing its debt and costs to better match declines in auto production.
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Automotive
Malaysia's new vehicle sales rose by 10.6% year-on-year to 45,200 units in November, compared with 40,865 units a year earlier, according to data released by the Malaysian Automotive Association.
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Automotive
IM Group, the UK-based automotive importer and distributor for Subaru, Isuzu and Daihatsu, has announced the signing of an agreement that will see it import vehicles from Chinese auto maker, Great Wall Motor Company, into Europe starting next year.
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Automotive,
Subaru
A longtime proponent of electric cars will be a speaker at the 2010 Automotive News World Congress. Michael Brylawski, vice president of corporate strategy at Bright Automotive Inc.
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Automotive
Veteran automotive analyst Maryann Keller has joined the New York-based Casesa Shapiro Group as a senior adviser.
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Automotive
Indebted German automotive supplier Continental AG is expected to sign a key 2.5 billion euro ($3.60 billion) loan extension on Friday, which would allow a planned capital increase to go ahead, bankers said on Friday.
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Automotive
US lithium ion battery maker firm A123 Systems has agreed a joint venture with Chinese automaker SAIC to develop, manufacture and sell complete vehicle traction battery systems for use in hybrid electric and pure electric passenger vehicles and heavy duty truck and bus applications in China, the largest and fastest growing automotive market in the world.
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Automotive
Brilliance China Automotive said on Thursday it was in talks with Toyota on technology cooperation and the possibility of forming a minivan production joint venture.
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Automotive,
Mini,
Toyota
Entrepreneur Sérgio Habib, Group SHC head, has announced a deal with China's JAC Motors (Jianghuai Automotive Co) for high-volume, long term imports of three models starting in the last quarter of 2010.
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Aston Martin,
Automotive,
Jaguar
George Perry, a veteran of more than 30 years in automotive electronics, is retiring after a decade with Yazaki North America Inc. He will step down as CEO at year's end.
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Automotive