Subscribe
Newsletters

Daimler, BAIC will invest $608 million in China engine plant expansion

JS
By:
Jake Spring
June 13, 2016 05:00 AM

BEIJING -- Daimler and its China partner BAIC Motor will invest an additional 4 billion yuan ($608 million) to expand a joint engine plant in Beijing, the German automaker said in a statement today.

Featured Stories

Automakers alter production plans and vehicle pricing as auto tariffs take effect
Automakers alter production plans and vehicle pricing as auto tariffs take effect
Honda’s No. 2 exec, Shinji Aoyama, abruptly resigns amid allegations of inappropriate conduct
Honda’s No. 2 exec, Shinji Aoyama, abruptly resigns amid allegations of inappropriate conduct
As tariffs upend auto industry, Ford and Stellantis turn to tried-and-true employee discounts
As tariffs upend auto industry, Ford and Stellantis turn to tried-and-true employee discounts
GM CEO Mary Barra, Hyundai Executive Chair Euisun Chung to keynote Automotive News Congress Sept. 11
GM CEO Mary Barra, Hyundai Executive Chair Euisun Chung to keynote Automotive News Congress Sept. 11

Latest News

Live updates on tariffs: Ford, Stellantis offer employee discounts; Makers alter auto plans
CATL in talks to buy controlling stake in Nio’s power unit, sources say
Republican attack on California waiver hits procedural roadblock
Canadian auto fallout: Which vehicles and parts face U.S. tariffs or Canadians countertariffs?
Staying current is easy with newsletters delivered straight to your inbox.

See More in Newsletters

Guest commentary: For Akio Toyoda’s sake, he must listen to Toyota’s dissatisfied shareholders and reform strategy
Top 5 stories of the week: Women in auto; Birchwood’s latest buy; GM improves profit; more
Automotive News Europe awards the 2024 Eurostars
Top 5 stories of the week: Northvolt woes; Alpha’s big buy; all-stars; and more
Staying current is easy with newsletters delivered straight to your inbox.