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Hainachuan of China buys Inalfa Roof Systems (IRS) of the Netherlands

Beijing Hainachuan Automotive Parts Co Ltd (Hainachuan) will acquire 100 percent of the stock of the Netherlands' Inalfa Roof Systems Group (IRS), China Business...

BAIC buys assets of Swedish transmission plant WEIGL

China's Beijing Automotive Industry Holding Co (BAIC) announced Wednesday that it had purchased all equipment and technologies from a Swedish transmission plant for 31...

China’s Geely completes Volvo acquisition; eyes restoring Volvo’s glory

"Former glory"? Good, get us a 480ES with real horsepower. The robots and tooling for the factory are surely still somewhere in the...

Chinese govt approves Geely’s purchase of Volvo

From: ChinaDaily, 300710. BEIJING - Zhejiang Geely Holding Group Co is expected to complete it takeover of Swedish luxury car brand Volvo from US...

Benz will Not Sell Maybach to BYD

"Maybach is an important part of Daimler's product portfolio. There is no other decision", so a Benz spokesman said to Reuters. "It's not true,...

BYD Interested in Maybach-brand???

According to a report on one of China's largest automotive websites, auto.sina.com, BYD has expressed interest to acquire the Maybach-brand from Mercedes Benz as...

“I see Volvo as a tiger: it belongs to the forest and shouldn’t be contained in the zoo”

“I see Volvo as a tiger: it belongs to the forest and shouldn’t be contained in the zoo. The heart of the tiger...