SHANGHAI/BEIJING -- China's Huachen Automotive Group, parent of BMW's China joint venture partner Brilliance Automotive Holdings, said Monday that its creditors had applied to a Chinese court to restructure the company.
SHANGHAI/BEIJING -- China's Huachen Automotive Group, parent of BMW's China joint venture partner Brilliance Automotive Holdings, said Monday that its creditors had applied to a Chinese court to restructure the company.
General Motors is investing $888 million at a New York propulsion plant to increase engine production, the company said on May 27.