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Ford"s China JV with Changan to return to sales growth in 2020-president
Auto sales at Ford Motor Co's China venture with Chongqing-based carmaker Changan are likely to turn positive next year, Changan’s president said on Friday......»»
Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China - sources
German auto maker Daimler AG plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture, according to a document seen by Reuters and two sources familiar with the matter......»»
(SLIDESHOW) Blockchain? The IoT? The auto sector? Study explores what"s driving patent activity
Foreign companies are for the first time filing more patents in the U.S. than domestic companies. International patent filings are also increasing, with China closing in on the U.S. for the No. 1 spot on the list of nations filing international.....»»
China"s JAC says it has not held talks with Volkswagen
JAC Motors said on Thursday it had not held talks with Volkswagen AG, after Reuters reported that the German auto giant was interested in taking a stake in its Chinese electric vehicle joint venture partner......»»
China"s auto, internet giants set up 9.76 billion yuan fund to invest in ride-sharing industry
China's major automobile and internet companies, including Chongqing Changan Automobile, Alibaba and Tencent, are setting up a 9.76 billion yuan ($1.46 billion) joint venture to invest in ride-sharing industry, Chongqing Changan Automobile said on Friday......»»
Tesla Could Benefit From China"s New Rules for Foreign Car Companies
China’s announcement that it will ease its strict joint-venture rules on foreign auto makers could benefit Tesla at the same time the Silicon Valley auto maker needs a charge......»»
China Lifts Cap on Foreign Auto JVs: Will US Carmakers Gain?
It needs to be seen if U.S. carmakers operating in China decide to buy out their joint venture partners in that country. Dispelling trade war fears, China, on Tuesday, announced that it will remove the cap.....»»
Tesla Could Benefit from China"s New Rules for Foreign Auto Makers
China’s announcement Tuesday that it will ease its strict joint-venture rules on foreign auto makers could benefit Tesla at a time when the Silicon Valley auto maker needs a charge......»»
Disgraced CEO Elizabeth Holmes trying to start new venture
Elizabeth Holmes lost everything—and nearly $900 million of other people’s money—when her bunk blood-testing startup Theranos went into meltdown. According to Gizmodo, It resulted in the layoff of nearly all staff and civil charges of “mas.....»»
SEC charges venture capital fund founder with fraud
The Securities and Exchange Commission on Monday charged Michael B. Rothenberg, whose firm Rothenberg Ventures LLC managed San Francisco-based technology venture capital funds, with overcharging investors to fund pe.....»»
Former Denny Hecker estate sells for $4.52 million (Gallery)
The former auto dealer had lived in the property in the years before his businesses collapsed and he faced charges of fraud......»»
BMW to gain control of China venture for $4.2 billion in milestone deal
Germany's BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market......»»
BMW to gain control of China venture in milestone deal for foreign carmakers
Germany's BMW said it will take majority control of its main China joint venture for 3.6 billion euros ($4.2 billion), the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market......»»
BMW to gain control of China venture in "new era" for foreign carmakers
Germany's BMW said it will take control of its main China joint venture for 3.6 billion euros ($4.2 billion), the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market......»»
BMW to Take Control of China Joint Venture in $4 Billion Deal
BMW is the first foreign auto maker to take advantage of Beijing’s easing of long criticized rules that limit foreign ownership in the sector......»»
BMW to spend $4 bln for control of China business
BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global automaker as Beijing starts to relax ownership rules for the world's biggest auto market......»»
BMW to buy control of China venture in "new era" for foreign carmakers
Germany's BMW will pay 3.6 billion euros ($4.2 billion) to take control of its main joint venture in China, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market......»»
Daimler and BMW can show if China"s barriers are really falling
Daimler AG’s plan to take control of its China joint venture opens another crack in China’s blockade of foreign ownership and puts the nation’s giant auto industry in the spotlight for whether promised reforms will bring real change......»»
U.S. wants Huawei CFO to face prosecution for fraud: court hearing
U.S. prosecutors want a top executive of China's Huawei Technologies Co Ltd to face charges of fraud linked to the skirting of Iran sanctions, a Vancouver court heard on Friday......»»
Biotech investor headed to prison after pleading guilty to fraud
A San Francisco judge sentenced former biotech venture capitalist G. Steven Burrill to 30 months in prison this week. The sentencing, first reported by the Wall Street Journal, follows Burrill's 2017 guilty plea to charges of tax evasion and invest.....»»