• Newswire

    BMW Among Bidders for ANZ Car-Finance Arm  

    Australia and New Zealand Bank Group's $6 billion-plus car- and equipment-loan book likely will draw bids not only from the German automaker but also from U.S. private-equity firms....More
  • Newswire

    Chevrolet Chief Batey Upbeat About China  

    Alan Batey says he expects a good second-half showing in China by Chevrolet parent General Motors, but notes stepped-up competition is causing moderation in new-vehicle pricing....More
  • Newswire

    Industry Official Sees Local Brands Joining China Price Wars  

    The head of the China Association of Automobile Manufacturers writes in a blog that local producers will follow the lead of global manufacturers who have been cutting prices on Chinese models to shore up sales....More
  • Newswire

    Mercedes Holding Line on Discount Levels in China  

    Mercedes sales and marketing chief Ola Kaellenius says the automaker has kept discount levels flat over the past year, despite trailing rival luxury automakers Audi and BMW in China....More
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