Mercedes-Benz Leads China’s Fastest- Growing Premium Auto Industry About: Mercedes-Benz, Volkswagen, General Motors, GM, Jim Trippon, China auto, Alix Partners, Wall Street Journal, Chinese stocks, CSI 300 Index, China Stock Digest, China Stock, Chinese stock, Chinese A-share markets, Shanghai Composite, Hang Seng China Enterprises Index Luxury brands are making enormous strides in China’s booming auto [...]
GM is Booming (But Only in China) About: (Ed Whitacre Jr, China Stock Digest, GM, General Motors ) Anyone who follows business news knows by now that GM has thrown its latest CEO overboard. CEO Fritz Henderson and GM parted ways on Tuesday, the board upset that the auto maker’s turnaround wasn’t moving more swiftly [...]
The U.S. auto industry is still reeling from the latest, most unexpected chapter in the Chrysler/GM bankruptcy saga. Now the iconic American brand, Hummer, is being sold to a virtually unknown Chinese company from earthquake-ravaged Sichuan province. The buyer, Sichuan Tengzhong Heavy Industrial Machinery Company is based in Chengdu and it has no experience in [...]
