How BYD’s giant China operation drives the automaker's global expansion
BYD's huge resources in China are helping to drive the automaker's expansion into Europe and other global markets, threatening the dominance of established brands such as VW.
Read moreAutoliv's Q1 adjusted profit rises more than expected
The car safety equipment maker's operating profit adjusted for non-recurring costs grew to $199 million from $131 million a year before.
Read moreBMW to invest another $2.76 billion in China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market".
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