Cars
Mercedes’ Chinese Joint Venture Built the 500,000th Car, a C-Class L
Beijing Benz Automotive Co (BBAC), the joint venture company between Daimler AG and BAIC Motor, has built its 500,000th car in China since 2006. About half of all production comes just within the last two years, a testimony of Mercedes’ rapid growth in the world’s largest car market.
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Toyota’s China Dealers Are Losing Money, Nearly 10% May Ditch The Brand
FAW-Toyota Motor Sales Co., the joint venture between the Japanese giant and the Chinese company in the world’s largest car market, has 523 dealers across the country. Their current situation, though, is bleak. Read more »...
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Hyundai Will Build Two More Plants In China
Hyundai has announced plans to build two more plants in China with local partner BAIC Motor in order to meet demand in its largest global market. Located in Cangzhou, Hebei province and Chongqing city, the new production facilities will be operated by...
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Daimler And China's Byd Name Their New Ev Brand Denza
It's been close to two years since Mercedes-Benz's parent company Daimler and China's BYD formed a new 50-50 joint venture under the name BDNT (BYD Daimler New Technology Co. Ltd) for the development and production of affordable electric...
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Daimler And Byd To Preview Upcoming Dedicated Ev With A New Concept Model
[BYD e6 EV pictured above]Joint venture partners Daimler AG and BYD Auto revealed plans today to preview their upcoming dedicated electric-car for China with a new design concept at the next Beijing Auto Show in April of 2012. Last year, the two companies...
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Daimler To Form New Chinese Joint Venture With Beiqi Foton
Mercedes-Benz's parent company Daimler AG has signed a letter of intent to form a new 50:50 joint venture with China's Beiqi Foton Motor Co., Ltd to produce medium and heavy-duty trucks and exchange technology in China. The deal between the companies...
Cars