Following an investigation of Chinese tire companies accused of selling their wares in the United States at prices below their own cost, in order to remove competitors, the Obama administration imposed new taxes on tires imported from China. In return, China has demanded investigations on United States automotive exports and poultry.
China has not allowed foreign [...]
In what might be a sign of tougher trade policies, the U.S. government’s International Trade Commission rules that low-cost tires imported from China had flooded the market. Acting on a 2005 complaint from the United Steelworkers, whose members make the steel wire used in tires, the panel found that the Chinese tires had flooded the [...]
General Motors, as part of its plan to increase its use of offshore manufacturing by 98 percent, will be exporting a car it build in China to the United States in 2011.
The company believes it will sell 17,335 of the cars in the first year and almost three times that many, 51,546, by 2014. By [...]
Deborah Wahl Meyer, Chrysler’s Chief Marketing Officer, is leaving the company today and Phillip F. Murtaugh, who has been handling the company’s Asia operations, will be leaving at the end of the month as part of the latest management realignment. The company says both are leaving to “pursue other interests.”
Steven J. Landry, Executive V-P of North American [...]
Hot on the heels of purchasing chief Campi’s resignation came an announcement that Chrysler will not use seats made in India for the next Jeep Wrangler, as had been planned.
Campi developed a reputation at Home Depot for buying products from “any place but the United States,” which he carried with him to Chrysler. In search [...]
According to the Wall Street Journal, Chrysler won’t be getting a small car from Chinese manufacturer Chery Automotive Co. Due to the stumbling global economy the Detroit automaker says it has ended talks of cooperation between the two companies.
The news came in a statement issued to the WSJ on Monday.
In the statement, Chrysler said, “Both [...]
The China Export Import Bank has given automaker Chery up to $1.45 billion in loans, following a drop in domestic sales. China’s news agency said Chery would spend the funds to finance overseas expansion and to import technology and equipment. in 2008, Chery exported over twice as many cars as in 2007.
Daimler had planned [...]
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