2 Chinese Automakers Uniting Operations
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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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Carmakers DaimlerChrysler and General Motors are to co-operate on developing a new type of transmission-based system to compete with Toyota and Honda in the growing hybrid market.
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British and Chinese companies have signed key business agreements, including a multi-millon-dollar engine deal between Rolls-Royce and Air China, witnessed by Chinese Premier Wen Jiabao and Prime Minister Tony Blair.
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General Motors Corp. and DaimlerChrysler AG, two of the world's biggest automakers, are teaming up to develop fuel-saving hybrid technology for a range of vehicles that will help them compete with hybrid-vehicle leaders Toyota Motor Corp. and Honda Motor Co.
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Britain's last big carmaker MG Rover is about to seal a Â£1bn agreement to help build 200,000 cars a year in China.
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General Motors and DaimlerChrysler are teaming up to develop fuel-saving hybrid technology for a range of vehicles. The engines are expected to help them compete with hybrid-vehicle leaders Toyota and Honda.
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SEOUL In one of the highest-profile international acquisitions by a Chinese company, Shanghai Automotive Industry signed a $500 million deal on Thursday to acquire control of the South Korean company Ssangyong Motor.
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Look for Chinese imports to be the newest in economy cars
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Japanese carmaker Toyota has joined with Guangzhou Automobile Group to manufacture its Camry saloon car in the southern Chinese city of Guangzhou.
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The Indian motor company, Ashok Leyland, and Nissan of Japan agree to form a partnership to produce vehicles.
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Chrysler, with a new owner and a new boss, is placing a big bet on a fledgling Chinese automaker.
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British automaker MG Rover discussed Saturday a $1.8 billion deal with China&#39;s Shanghai Automotive Corp., the BBC reported. The two companies would set up a new company to produce cars for the Chinese market under the deal.
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China Automotive doubles after a subsidiary announces a supply deal with GM.
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BEIJING, Dec. 14 -- General Motors and DaimlerChrysler will jointly develop a gasoline-electric powered car to match Toyota and Honda in so-called hybrid vehicles that save fuel and cut emissions.
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NEW DELHI -- The leaders of China and India declared Tuesday that cooperation will trump competition between the Asian giants, saying there is enough room for both to become global powers and pledging to double trade between the countries by 2010.
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DETROIT - General Motors Corp. and Ford Motor Co...
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DaimlerChrysler AG said Tuesday that its supervisory board approved a partnership with China's Chery Motor Co. to build small, economical cars for North America and western Europe.