China

 
Volvo grille

Volvo lays off 2,700 workers, in sale talks with China's SAIC

Labor negotiations between Volvo and Sweden's auto worker union have come to a close today, resulting in the termination of 2,721 emloyees, the vast majority of which are blue collar workers. The layoffs come as Ford has engaged Shanghai Automotive Industry Corporation (SAIC) in talks to buy the... read more

December 8, 2008 by
 
2009 Hyundai Genesis Sedan

Chinese government allegedly bans Hyundai-Kia imports

The Chinese government has reportedly suspended the majority of vehicle imports from South Korea following a complaint made by several Chinese dealers that Hyundai-Kia is... read more October 16, 2008 by


 
 

 
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