Industry News


  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    GM boosting China production capacity to 5 million
    BEIJING (AP) — The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million. (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    Automakers unveil China-focused models in Beijing
    BEIJING (AP) — Ford Motor Co. on Sunday unveiled a new Escort sedan designed in China for global sale at a Beijing auto show that highlighted the growing influence of Chinese tastes on the industry. (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    GM to invest billion in China and plans more plants
    U.S. car giant General Motors Corp (GM) plans to invest billion in China from 2014 to 2017 and build more plants next year as it steps up its presence to compete with aggressive rivals in the worl (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    In the driving seat: China's yuppies are new market force for global automakers
    By Samuel Shen and Norihiko Shirouzu SHANGHAI/BEIJING (Reuters) - Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand o (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    Pfizer mulls 0 billion bid for AstraZeneca: report
    U.S. pharmaceutical giant Pfizer has approached British rival AstraZeneca to propose a 60 billion pound (1 billion) takeover, the Sunday Times reported on Sunday. The paper said, citing senior inve (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    South Africa's 'spaza' shops suffer as big retail rolls in
    By David Dolan SOWETO, South Africa (Reuters) - In this corner of South Africa's black township of Soweto, the biggest building used to be the Catholic church. Now it's been overshadowed by (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    Premium car brands eye China's secondhand market
    By Edward Taylor and Jan Schwartz BEIJING (Reuters) - Strong demand for new automobiles in China has laid the foundations for the next leg of business for carmakers BMW , Audi and Mercedes-Benz: the s (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    BMW in final stages of decision on potential new factory
    Germany's BMW is getting closer to deciding whether it will build a new factory, its board member Ian Robertson said on Sunday, as the luxury carmaker expands capacity to meet demand in key marke (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    Daimler to sell DENZA electric car in China with local subsidy
    Daimler said its DENZA electric car will be eligible for local subsidies in China when it goes on sale there in September priced at 369,000 renminbi (,000). DENZA, a local Chinese brand jointly dev (...)
  • Yahoo! Business NewsApril 20 · Yahoo! Business News
    Hyundai Motor unveils small SUV concept for China, to launch this year
    By Hyunjoo Jin SEOUL (Reuters) - South Korea's Hyundai Motor on Sunday unveiled its small sport utility vehicle (SUV) concept targeted at the Chinese market, planning to join a flurry of rivals i (...)