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General Motors’ China JV recalls 38,328 Cadillacs


Shanghai General Motors Co, GM’s main Chinese joint venture is recalling 38,328 Cadillac sedans in China due to a glitch in the brake control software, according to the country’s quality watchdog. General Motors venture with SAIC Motor Corp has decided to recall certain Cadillac XTS car models that were produced between October 2012 and July 2014 in order to remove any ...
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China will not force foreign car parts makers to form local joint ventures
The European trade body in China said the Beijing government does not plan to force foreign auto parts suppliers to form local joint ventures, discharging a report from last week ...
Another exec at FAW investigated by China’s watchdog
China’s anti corruption enforcers are probing another former senior executive of the FAW Group, the latest target in the series of probes against the company. FAW, which is state-owned, has a ...
China: executives at VW joint venture under investigation
China’s concerted antitrust fight took another turn this week: after probing the carmakers and issuing fines, the investigations are now down to the executive level. According to an announcement posted on ...
GM could be next in line in China’s antitrust probe
The US automaker announced that its passenger-vehicle joint venture in the country was contacted by China’s anti-monopoly enforcer. The communication was part of the ongoing antitrust investigation that prompted another ...
China: PSA’s local venture ups its sales goal
Thanks to strong demand registered throughout the first six months of the year, the local joint venture between PSA Peugeot Citroen and Dongfeng Motor Group has increased the full year’s ...
China: Fiat joint venture builds second factory
Fiat Chrysler Automobiles and Guangzhou Automobile’s local joint venture recently started constructing their second manufacturing facility in the south China city of Guangzhou. GAC Fiat Automobile Co., the 50/50 joint venture ...
Johnson Controls stock up on China auto deal
The US multinational, multi-industrial, 170,000 employees strong company has seen its stock rise the most in six months as it taps a profitable partnership for the auto-interiors business through a ...
Magna says there’s no pressure to end Russian joint-venture
According to Donald Walker, the chief executive of Magna International, he wasn’t asked by Canada to end the company’s Russian joint-venture amid the mounting tension in the Ukrainian region. The comments ...
Japan’s automakers to join forces in charging network joint venture
The big Japanese makers will shake hands in a rare feat – they will unite to create a company that would manage the country’s charging stations – providing their funding ...

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