Linda Young – AHN News Writer Stockholm, Sweden (AHN) – Struggling automotive icon Saab will change hands again in a proposed deal to save it from bankruptcy by selling it to two Chinese companies. Swedish Automotive will sell its Saab unit to Chinese distributor Pang Da Automobile Trade and auto manufacturer Zhejiang Youngman Lotus Automobile. [...]
Posts Tagged ‘China’
Chinese companies buying automaker Saab
November 6th, 2011 
admin 
Posted in Buy a Car 
Tags: AHN, auto manufacturer, automaker, Bankruptcy, Buying, China, Chinese, chinese automakers, Companies, economic woes, linda young, lotus automobile, Saab, stockholm sweden, STOCKHOLM-, Sweden, Zhejiang 
No Comments »Ford, United Auto Workers reach tentative contract
October 7th, 2011 admin Kris Alingod – AHN News Contributor Detroit, MI, United States (AHN) – Ford has reached a tentative labor contract with union workers in more than two dozen plants nationwide. The agreement with the United Auto Workers, which still requires ratification from members, will add 12,000 new jobs in the company’s facilities, 5,750 more than what [...]
Posted in Buy a Car Tags: auto, China, Contract, DETROIT, entry level wages, fleming ford, Ford, ford plants, Japan, Jay Nixon, Jimmy Settles, John Fleming, KANSAS CITY, Mexico, Missouri, reach, Tentative, U.S., uaw members, Union, United, united auto workers, United States, Workers No Comments »GM enters electric car joint venture with Chinese automaker
September 22nd, 2011 admin Vittorio Hernandez – AHN News Detroit, MI, United States (AHN) – General Motors announced on Tuesday that it has entered into a joint venture with a Chinese automaker to develop electric cars. The deal also involves transfer of battery and other electric vehicle technology. The 50-50 joint venture is between GM and Shanghai Automotive Industry [...]
Posted in Buy a Car Tags: AHN, auto workers union, automaker, Automotive, Beijing, beijing government, buick lacrosse, Chairman Stephen Girsky, China, Chinese, electric, electric vehicle technology, Enters, Joint, Shanghai, united auto workers, united auto workers union, United States, Venture No Comments »Firm will buy back 1% China stake
June 8th, 2011 admin Automaker to use option to repurchase to make it an equally held unit with its partner View full post on All Stories
Fuji Heavy, Chery agree on China Subaru deal – sources
May 24th, 2011 admin BEIJING, May 24 – Fuji Heavy Industries has agreed in principle to make Subaru vehicles in northeastern China with Chery Automobile, the country’s largest independent automaker, two people with … View full post on All Stories
Posted in Buy a Car Tags: agree, automaker, Beijing, Chery, China, Deal, Fuji, fuji heavy industries, Heavy, May, may 24, northeastern China, sources, Subaru, subaru vehicles No Comments »Saab in hot seat after China deal
May 12th, 2011 admin STOCKHOLM — Struggling car maker Saab Automobile faced renewed uncertainty Thursday as the financing deal with China’s Hawtai Motor Group fell apart, raising fresh concerns about the company’s future. Spyker Cars NV, which bought Saab from General Motors Corp. in 2010, said it was “force… View full post on All Stories
Posted in Buy a Car Tags: after, Car, car maker, China, Deal, general motors, general motors corp, motor group, Saab, saab automobile, seat, spyker cars, STOCKHOLM-, struggling No Comments »Top Regional Bank Picks by Hedge Fund and Mutual Fund Gurus
May 10th, 2011 admin Ganaxi Small Cap Movers submits: What do the top hedge fund and mutual fund gurus like in the regional banking industry? This article, No. 12 in a series, identifies through research of the latest available institutional 13-F filings the gurus who are most invested in the regional banking Industry, and the specific regional banks they [...]
Posted in Buy a Car Tags: bank, China, china stocks, fifth paragraph, fund, fund portfolios, gas exploration industry, Gurus, Hedge, Industry, Mutual, networking sector, oil and gas exploration, Picks, Regional, sector No Comments »China markets slip on financials, property shares
April 21st, 2011 admin HONG KONG (MarketWatch) — Mainland Chinese stocks slipped Friday after rising the previous two days, with financials, property developers and automobile companies among the losers amid lingering concerns that more monetary tightening measures have yet to come. The Shanghai Composite Index fell 0.2% to 3,019.94 and the Shenzhen Composite lost 0.2% to 1,279.28. Citic Securities [...]
China zooms to lead in Lamborghini race
April 19th, 2011 admin In the race to become the world’s dominant economy, China is on track to beat the US for the first time in at least one interesting category: Lamborghinis in the driveway. Stephan Winkelmann, president and CEO of the super-luxe Italian carmaker, told reporters yesterday that China is on the… View full post on All Stories
Posted in Buy a Car Tags: CEO, China, economy, economy china, italian carmaker, Lamborghini, lamborghinis, lead, luxe, race, Stephan Winkelmann, US, world, zooms No Comments »China’s SAIC says March auto sales up 6.1 percent vs yr ago
April 11th, 2011 admin China’s top automaker SAIC Motor said on Tuesday its auto sales in March rose 6.1 percent from a year ago. View full post on All Stories