Daily Archives: July 6, 2014

China’s BAIC Motor Hires Banks for a $2 Billion I.P.O.

China’s BAIC Motor Hires Banks for a $2 Billion I.P.O.

The Chinese carmaker BAIC Motor, partly owned by Daimler of Germany, has hired four banks for an initial public offering in Hong Kong worth up to $2 billion.

Audi delivers more than 50,000 cars in China in one month for the first time; 3x US sales

Audi delivers more than 50,000 cars in China in one month for the first time; 3x US sales

Audi achieved new record figures in the Chinese market in the first half of the year, increasing unit sales in China including Hong Kong and Macau by 17.8% to 268,666 automobiles.

Germany’s Kiekert names Karl Lambertz, new Asia chief

Germany's Kiekert names Karl Lambertz, new Asia chief

Kiekert, a German supplier of automotive door locks and latches, has named Karl Lambertz director of its Asian operations.

new BMW X4 with M Sport Package and quad exhaust tips

new BMW X4 with M Sport Package and quad exhaust tips

BMW X4 debuted earlier this year at the New York Auto Show with prices starting from £36,590.

Peugeot 2008 DRK with rear-wheel drive and 340bhp V6 turbo-diesel

Team Peugeot-Total released first details about the 2008 DKR for 2015 Dakar Rally back in April.