Chinese investors this year launched bids on several major automotive mergers or acquisitions as Western companies sell assets to ride out the recession while Chinese companies look to raise their global profile. Earlier today, Ford Motor Co.
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Chinese investors this year launched bids on several major automotive mergers or acquisitions as Western companies sell assets to ride out the recession while Chinese companies look to raise their global profile. Earlier today, Ford Motor Co.
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Three years ago, we embarked on a Midwest road trip in search of what was then the Holy Grail of fuel: E85.
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Chrysler will debut a battery-powered version of the Fiat 500 at next month's Detroit auto show according to company insiders.
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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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SENIOR WEB REPORTER GREG MIGLIORE: The watershed moment in the Mercury Milan Hybrid came for me as I was dashing across town for a lunch meeting.
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Ford Motor Co. expects to sign an accord to sell Volvo to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter. Ford said today that all of the deal's key commercial terms have been settled.
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Ford Motor Co. expects to sign a deal to sell Volvo to China's Zhejiang Geely Holding Group by the first quarter of 2010 and close the deal in the second quarter, the U.S. automaker announced today.
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Ford Motor Co. said it expects to wrap up the sale of Volvo to China's Geely in the first half of 2010 in a deal that underlines China's arrival as a major force in the global auto industry.
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Workers at Hyundai Motor voted on Wednesday on whether to accept a union-management deal freezing next year's basic wages in return for hefty bonuses.
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Ford may announce the sale of its Volvo unit to Zhejiang Geely Holding Group as early as today, Bloomberg News reported, citing a person familiar with the matter.
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Ford confirmed on Wednesday that "all substantive commercial terms relating to the potential sale of Volvo Car Corporation have been settled between Ford and Zhejiang Geely Holding Group Company".
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Maruti Suzuki expects sales for the fiscal year to March 2010 to rise by about a fifth, a senior company official said on Wednesday.
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Ford Motor Co. and China's Zhejiang Geely Holding Group are set to report progress as soon as Wednesday in talks to sell Ford's Volvo unit to the Chinese automaker, two people with direct knowledge of the matter said.
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Beijing Automotive Industry Holding Corp. (BAIC), China's fifth-largest automaker, will launch an aggressive campaign to develop its brand both at home and overseas, after buying car designs from General Motors Co.s' Saab unit.
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Gerry DeGregoris, a longtime dealer, died Dec. 7. He was 81. DeGregoris started as a used-car dealer in 1959 and acquired a Datsun franchise in 1967. Gregoris Nissan in Valley Stream, N.Y., celebrated its 40th anniversary in 2007.
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Gerry DeGregoris, a longtime dealer, died Dec. 7. He was 81. DeGregoris started as a used-car dealer in 1959 and acquired a Datsun franchise in 1967. Gregoris Nissan in Valley Stream, N.Y., celebrated its 40th anniversary in 2007.
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Beijing Automotive Industry Holding Corp., China's fifth-largest automaker, will launch an aggressive campaign to develop its brand both at home and overseas, after buying car designs from General Motors Co.'s Saab unit.
Full story...
Gerry DeGregoris, a longtime dealer, died Dec. 7. He was 81. DeGregoris started as a used-car dealer in 1959 and acquired a Datsun franchise in 1967. Gregoris Nissan in Valley Stream, N.Y., celebrated its 40th anniversary in 2007.
Full story...
Ford Motor Co. and China's Zhejiang Geely Holding Group are set to report progress as soon as Wednesday in talks to sell Ford's Volvo unit to the Chinese automaker, two people with direct knowledge of the matter said.
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