General Motors announced plans to build and test market its first hybrid bus in China. The project, in cooperation with its Chinese partner Shanghai Automotive Industrial Corp, is designed t... Read more
Brilliance China Automotive Holdings, which has a joint venture production agreement with BMW, has slashed its sales targets and vowed to cut costs in the face of plunging sales figures. Cha... Read more
KPMG said parts makers have been pushed into bankruptcy or near it as big car makers, faced with slower sales, demanded component price cuts averaging 10%. In its industry survey, KPMG also... Read more
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