Reports say the agreement of Daimler holding 12% in BjC is approved by NDRC and will be open to public in one month, which clears away the barrier of BAIC's listing. BAIC's listing plan comes to the final stage. "According to the ...
Tags: Transportation, car
Italian auto maker Fiat Group SpA will look for a second partner in the Chinese mainland in a bid to develop Jeep, a brand under Chrysler Group LLC. Zeng qinghong, general manager with GAC Group, signed a framework agreement with Mike ...
Tags: Jeep, Auto, Transportation
German manufacture, Daimler has started the trial production at its under construction engine manufacturing plant in China. The construction of the facility, which is a subsidiary of Beijing Benz Automobile (BBAC), a joint venture between ...
Tags: Daimler, BAIC Motor
German automotive manufacturer Daimler has acquired 12% stake in the passenger car unit of its Chinese partner Beijing Automotive Group (BAIC) for $875m. The acquisition will help the company in expanding presence in the world's biggest ...
Tags: Daimler, automotive manufacturer, BAIC
According to data published on the website of Ministry of Industry and Information Technology, China’s automobile market sustained steady growth in 2012. Automobile production and sales amount in one month reached over 1,200,000. The ...
Tags: automobile, sale and production, SAIC, China
German automotive manufacturer Daimler has integrated sales units of its locally-produced and imported Mercedes-Benz cars into a single organization known as Beijing Mercedes-Benz Sales Service. The new organization, which is a 50-50 ...
Tags: automotive manufacturer, sales and marketing, aftersales
German automobile manufacturer Mercedes-Benz is expecting to achieve a new production record in 2012 by manufacturing nearly 1.34 million vehicles. During the year, the automobile manufacturer's production network, which operated at high ...
Tags: Benz, automobile manufacturer, automobile, vehicles
Boston-Power, a supplier of lithium-ion battery cells, modules and systems, has signed a deal with Beijing Electric Vehicle Company (BJEV), the electric vehicle (EV) division of Beijing Automotive Industry (BAIC), to provide battery ...