GM to manufacture small cars in Michigan
US based automaker General Motors has announced that they have selected Michigan as their preferred location to manufacture small cars.
The company is now dropping their plans to close two plants near Detroit.
They would now manufacture these small cars at its Orion Township assembly plant which was originally scheduled [...]
Ford to concentrate on India and China for growth
US based auto giant Ford is going to focus on India and China for growth.
Ford is struggling in their domestic market of USA and they are relying on international markets to stay competitive.
Ford said: “India is a great market to be in, particularly so at these challenging [...]
Sichuan Tengzhong could acquire Hummer from GM
GM has revealed that they are going to sell their Hummer brand to Chinese company Sichuan Tengzhong Heavy Industrial Machinery.
The financial aspects of the deal have not been revealed to the media.
Sichuan Tengzhong is based in Sichuan and they are in construction business.
The deal between GM and Sichuan [...]
GM to build small cars in USA
General Motors has announced that they would now be manufacturing a new small car in the US market at one of their idled plants.
The company said that the plant would be able to manufacture 160,000 small and compact cars per year.
GM has yet not decided which plant they would [...]
Bajaj Auto manufacturing bikes in China!
Bajaj Auto has announced that they have now started manufacturing bikes in China for export purposes.
These bikes are being exported to international markets like Nigeria where there is a high demand for low cost bikes.
Bajaj Auto Managing Director Rajiv Bajaj spoke about the new developments: “Earlier this month, [...]
China Mobile Communications in a deal with Motorola
US based mobile phone maker Motorola has announced that they are signing a deal with China Mobile Communications.
Motorola would now provide the Chinese mobile service provider 310 million dollars worth of mobile telecommunications equipment and services.
Motorola said that the deal would last for one year and [...]
Chery Automobile and Great Wall Motors wants to enter Indian market
Chery Automobile and Great Wall Motors are two of the Chinese automakers who are working on plans to enter the lucrative Indian market.
Indian automotive market is growing at an impressive pace and almost all the leading automakers are now offering their cars here.
Chery Automobile president [...]
Porsche Panamera launched in China
Porsche has entered into the Chinese luxury sedan market with the launch of their Panamera sedan.
This model was launched just before the start of the Shanghai auto show.
It shows how important China is becoming for the auto makers of the world.
This is incidentally the first time Porsche has entered [...]
China Mobile to invest on expanding rural telecommunications networks
China Mobile has announced that they are going to invest 70 billion Yuan in developing and expanding their rural telecommunications network.
China Mobile is the largest telecom player in China and also remains the largest mobile operator in the world.
The company said that the funds would be [...]
1.11 million vehicles sold in China last month
China continues to grow as an automotive market.
China Association of Automobile Manufacturers has revealed the sales figure for the last month.
The Chinese market saw sales of 1.11 million vehicles last month which is a record.
The market gained due to tax cuts and rebates provided [...]
