Forget about clinging to hopes that China, the world’s largest car market, will recover from its unprecedented two-year slump anytime soon.
Author: Bloomberg News
Volkswagen's Traton Unit Offers to Buy Rest of Navistar for $2.9 Billion
Volkswagen AG offered to buy the rest of Navistar International Corp. in a $2.9 billion bid to carve out a significant share of the U.S. heavy-truck market.
Toyota Halts Operations in China
Toyota Motor Corp. is halting production in China and other companies suspended operations or asked employees to work from home as they grapple with a SARS-like coronavirus that has killed more than 130 people and is threatening a key growth market.
BorgWarner to Buy Delphi for $1.5B in Auto Parts Deal
BorgWarner Inc. agreed to acquire Delphi Technologies for about $1.5 billion in an all-stock deal that unites two auto suppliers positioning for the industry’s transformational shift to hybrid and electric vehicles.
BorgWarner to Buy Delphi for $1.5B in Auto Parts Deal
BorgWarner Inc. agreed to acquire Delphi Technologies for about $1.5 billion in an all-stock deal that unites two auto suppliers positioning for the industry’s transformational shift to hybrid and electric vehicles.
Honda, Others Evacuate Workers as Coronavirus Takes Its Toll on Industry
Global companies including Honda Motor Co. and Groupe PSA are evacuating workers from areas of China hardest hit by a deadly viral outbreak.
Honda, Others Evacuate Workers as Coronavirus Takes Its Toll on Industry
Global companies including Honda Motor Co. and Groupe PSA are evacuating workers from areas of China hardest hit by a deadly viral outbreak.
China’s Wider Fight With US Is Only Just Beginning After Trade Deal
In a letter read out during the Jan. 15 trade deal signing at the White House, Chinese leader Xi Jinping asked U.S. President Donald Trump to take steps to “enhance mutual trust and cooperation between us.”
China to Buy $52 Billion of Additional US Energy Products
China agreed to buy $52.4 billion of additional U.S. energy products as part of a landmark trade deal signed by the world’s two top economic superpowers.
Amazon Lifts Restriction on Sellers Using FedEx to Ship Packages
Amazon.com Inc. lifted restrictions established during the holiday shopping season that had prevented third-party merchants selling goods on the site from shipping packages with FedEx Corp.’s ground service.