German carmaker Daimler is planning to buy a 10 to 20 per cent stake in the passenger car unit of its Chinese partner BAIC Group, a report said on Friday.
- Thu
- May 23, 2013
- Updated: 6:18pm
Trending topics
Toyota Motor outsold General Motors and Volkswagen last year, regaining the global sales lead after recovering from natural disasters and record recalls that tarnished its reputation for quality...
Managers of French automaker Renault threatened to close two sites in France unless trade unions agreed to measures aimed at raising the group’s competitive performance, union officials said.
Luxury carmakers should be smiling.
The resurgent US market, China’s booming wealth sector and other rising large economies, are delivering strong sales to the likes of BMW, Mercedes Benz...
The green car market is only inching along in the United States, hampered by high comparative costs and limited ranges on pure electric vehicles, but automakers remain confident their time will...
Shelby American, the classic builder of hyper-powered muscle cars with the bulked-up Mustang styling, took aim at the tuner generation Tuesday with a new compact based on Ford’s Focus.
Stand-out styling, performance and luxury were on display Monday as global automakers sought to stake out ground in the high-profit premium car sector at the Detroit auto show.
The sale of the US Treasury’s stake in General Motors and a possible credit rating upgrade of the US automaker this year will help distance the company from the stigma of its 2009 bankruptcy...
Chinese monthly passenger-vehicle sales rose to the highest in almost two years, beating analyst estimates, as consumer confidence improved with the economy and dealerships increased discounts to...
Volvo's bus unit will improve its production system to boost profitability, which has lagged behind the company's truck and construction equipment divisions for years, according to the head of the...
In Case You Missed It
Login
SCMP.com Account
or
Log in using a partner site
Log in using your Facebook account. What's this?
Don't have an SCMP.com account? Subscribe Now!





















