Chief of China's Geely builds $9 billion stake in DaimlerFeb. 23
Li Shufu, the chairman and main owner of Chinese carmaker Geely, has amassed a stake of 9.69 percent in Daimler AG, the German company said Friday. The stake, worth nearly $9 billion at the current market price for Daimler shares, makes Li the biggest single shareholder in the maker of Mercedes Benz cars, trucks and vans.
BMW will seek China production site for Mini EVsFeb. 23
Tesla's China dream threatened by standoff over Shanghai factoryFeb. 14
GAC Motor in Detroit: A sign of the next new auto empireFeb. 12
Nissan plan envisions China eclipsing U.S.Feb. 10
Renault-Nissan, Ford partners join China car-sharing networkFeb. 7
Mercedes apologizes to Chinese for quoting Dalai LamaFeb. 6
New global player CATL sets EV battery sights on Europe, U.S.Feb. 5
Nissan, eyeing top 3 ranking, set to pump $9.5 billion into ChinaFeb. 4
Nissan, with a focus on EVs and a no-frills brand, is investing billions of dollars in China over the next five years with its joint-venture partner as it seeks to become a top three automaker in the world's biggest market.