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China’s largest auto parts company makes last-minute Fisker bid

China's largest auto parts company made a surprise bid for Fisker Automotive just days before the bankrupt maker of the Karma plug-in hybrid sports car was to be sold to a Hong Kong tycoon, according to court documents. Fisker creditors asked the U.S. Bankruptcy Court in Wilmington,

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Bulten to supply fasteners to Chinese automaker

FinnvedenBulten’s division Bulten has signed a contract for delivery of fasteners to an automotive manufacturer in China, according to a report on chinafastener.biz. The company will thereby expand its share in the Chinese market. Based on the contract, the annual order value is approximately SEK10 million. “Bulten has encouraged its

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BAIC BJ40 SUV hits market

BEIJING – The BAIC BJ40 SUV on December 28 officially hits the market with three variations priced at ¥146,800-¥186,800 ($24,222-$30,822), reported auto.163.com. The SUV owns a dimension of 4,350x1,843x1,837mm (LxWxH) with a wheelbase of 2,450mm. Mated with a 5-speed manual or 4-speed automatic transmission, the BJ40 is powered by a

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