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Daimler infuses 2b euros into JV with BAIC

By Li Fangfang German vehicle manufacturer Daimler AG is investing two billion euros ($2.67 billion) in its local joint venture with China's BAIC Motor Group in Beijing, a funds infusion that will finance construction of the world's largest Daimler production facility by 2015, said company executives. The German premium vehicle

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Dongfeng Honda recalls over 400,000 SUVs

BEIJING - Dongfeng Honda Automobile Co., a 50-50 joint venture between China's Dongfeng Motor Corporation and Japa's Honda Motor Company, will recall over 400,000 CR-V sport utility vehicles (SUVs) because of piston rod defects, China's head of quality control said Tuesday. The vehicles, produced between March 2, 2010 and August

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Lubrizol opens new additives manufacturing plant in Zhuhai

ZHUHAI, Guangdong – The Lubrizol Corporation announced the opening of a world-class additives manufacturing facility, Lubrizol Additives, in Zhuhai, Guangdong Province on August 20. Construction on the 400,000-square-meter site began in October 2010. The plant will offer select additive component manufacturing as well as additive package blending. Over the coming

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