Shanghai Auto signs deal to buy Ssangyong Motor
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Shanghai Automotive Industry Corp. China&#39;s largest carmaker, yesterday reached a final contract with creditors of Ssangyong Motor Co.
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LONDON  - Chinese company Shanghai Automotive Industry Corp. may be ready to step in to save ailing British car manufacturer MG Rover, a media report said.
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China signed a contract to buy 23 A319, A320 and A321 commercial jets from aircraft manufacturer Airbus in a deal worth close to 1.0 billion euros (1.34 billion dollars).
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Shanghai Automotive Industry Corp (SAIC), one of China&#39;s biggest vehicle producers, clinched a much-heralded final deal with creditors of Ssangyong Motors yesterday to take over the No 4 South Korean automaking firm.
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SHANGHAI: Formula Oneâs ten teams settled into Shanghaiâs brand-new racing circuit on Tuesday following the arrival of 32 cars ahead of the inaugural Chinese Grand Prix in Shanghai.
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Telecoms equipment group Marconi  clinches a major deal allowing it an inroad into China and the rest of Asia.
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Ford confirmed on Monday that Red Bull had bought their Formula One team and that their engine manufacturer Cosworth had been sold to the owners of the Champ Car series.
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The government on Wednesday signed an agreement with China that will improve information sharing on auto safety following last summer's recall of thousands of defective Chinese-made tires.
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SHANGHAI United Parcel Service, the world&#39;s biggest express courier, said Thursday that it would pay $100 million to take direct control of its operations in China as it expands to compete with FedEx and other rivals in the fastest-growing market for
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Truckmaker AB Volvo offered to buy Japan's Nissan Diesel for 7.5 billion kronor ($1.1 billion) in a deal to boost its presence in Asia and prepare for tougher emissions standards.
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Volvo (VOLVb.ST), the world's number  two truck maker, said on Tuesday it had agreed to buy the road  development machinery business of U.S. diversified manufacturer  Ingersoll-Rand  in a $1.3 billion cash deal.
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Singaporesâs PSA gained a much-sought foothhold in Hong Kong with an agreement to buy a stake in Asia Container Terminals, a port operator in the worldâs busiest container hub, from Sun Hung Kai Properties.
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Automaker DaimlerChrysler AG said Wednesday it has signed a contract with Japan&#39;s Mitsubishi Motors Corp. in which the two companies renewed their commitment to joint production and development projects.
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LONDON - The Chinese have come to the aid of ailing British carmaker MG Rover with Â£1 billion ($2.63 billion) in cash. MG Rover said the Shanghai Automotive Industry Corp (SAIC) would provide the cash under
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Shanghai Automotive Industry Corp. and Nanjing Automobile Corp., said they will combine their production assets in hopes of creating a globally competitive firm.
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Shanghai Automotive Industry Corp. (SAIC), the biggest saloon car producer in China, signed here contract with creditors of South Korean Ssangyong Motor Co.
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PROTON Holdings Bhd and Volkswagen AG (VW) signed yesterday an agreement that turns the national car company and Europe's largest carmaker strategic partners in the highly-competitive industry.