General Motors Co. outsold Volkswagen AG in China in 2012, keeping its lead among foreign automakers in the country for an eighth year, after sales of the U.S. carmaker’s Wuling minivans climbed to a record.
Daimler AG investors value Mercedes- Benz at half what Bayerische Motoren Werke AG is worth as Chief Executive Officer Dieter Zetsche’s effort to reclaim the title of world’s biggest luxury-car maker falters.
Mia Zhao says her parents, part of the generation that came of age in the 1970s, before China introduced free-market reforms, would never spend beyond their savings. Zhao, by contrast, has no problem with debt if it helps her get the things she wants -- like an $88,000 BMW 530Li.
Honda Motor Co. , Japan’s second- biggest carmaker, said it will resume some production in China as it seeks to reach an agreement with workers to end a strike that halted all its production in the country.
General Motors Co., the best selling overseas automaker in China, said sales in the nation rose at the weakest pace last month since March 2009, as growth slowed at its SAIC-GM-Wuling Automotive Co. joint venture.