8 days ago
Production of autos and auto parts fell 1.3 percent in April.
115 days ago
Wanxiang beat Milwaukee-based auto parts marker Johnson Controls Inc. in bidding for A123's assets after the company sought bankruptcy protection in Delaware.
165 days ago
But still short of cash, the company sought bankruptcy protection in October, and said it would sell its automotive unit to Milwaukee-based auto parts marker Johnson Controls Inc. for $125 million.
173 days ago
China has approved a proposal by auto parts conglomerate Wanxiang Group Corp. to purchase the assets of bankrupt U.S. battery maker A123 Systems.