Ford Charges into China with New $760 mil Plant
Late to the Chinese party, Ford Motor Co. is playing a fast-paced game of catch-up. The Detroit maker’s latest move comes with the opening of a new, $760 million assembly plant in Hangzhou. That will...
View ArticleFord May Cut Production as Chinese Car Market Falters
With the economy faltering, the Chinese car market is growing at its slowest rate in 15 years – and Ford Motor Co. says it may respond by trimming production in the once-booming China. Complicating...
View ArticleGrowth of Global Car Market Slowing Down
Led by the U.S. and China, global auto sales have been on a tear in recent years, reaching all-time record numbers despite the poor performance in markets like Europe and Latin America. But a new study...
View ArticleChina’s Car Market Hits a Speed Bump
China's car market was expected to slip a bit this year, but sales are skidding badly, June marking the first downturn in over two years. The Chinese stock market crisis is a key reason, reports...
View ArticleGM Beats Q2 Forecast with Nearly $1.2 Bil Net Income
Despite being hit with a $1.1 billion special charge, GM delivered a nearly $1.2 bil profit for the second quarter. It beat Wall Street expectations with its best three-month net since emerging from...
View ArticleFord Set to Invest $1.8 bil in China R&D
Ford Motor Co. will invest nearly $2 billion over the next five years on its Chinese R&D operations in a bid to catch up to market leaders VW and GM. Among other things, Ford will emphasize...
View ArticleBMW Earnings Accelerate – But Maker Warns China Could Put on the Brakes
BMW delivered a 20% surge in third-quarter earnings, but the maker cautioned that a slowdown in the Chinese market could put the brakes on its bottom line in the months ahead. More from...
View ArticleStrong Nissan Profits Could Signal Good Numbers for Toyota, Honda
Nissan delivered strong earnings for the latest quarter and, despite a sharp slowdown in China, is predicting even better numbers in the months ahead. Expect similarly strong numbers this week from...
View ArticleGM, Ford, Buick Trend and Deliver Record Chinese Sales
Despite the increasingly serious downturn in the Chinese economy, both Ford Motor Co. and General Motors Corp. managed to lock down record sales in China for 2015. More from TheDetroitBureau.com.
View ArticleCelebration Low-Key as Beijing Auto Show Opens
Dozens of cars, trucks, concepts and crossovers are making their debut at the Beijing Auto Show today, but the mood at the event is decidedly lower key than in the past as the Chinese car market...
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