Posted by Stephanie Startz on December 1, 2009 08:58 AM
Reaching a tentative agreement with Vivendi, GE prepares for sale of NBCU. [NY Times]
Reps from Saab and the Swedish government in Detroit to meet with GM. [USA Today]
Kraft finalizes formal bid for Cadbury, again. [Times of London]
Geely Automotive strikes deal with Ford over intellectual-property rights, as part of Volvo bid. [WSJ]
eBay fined $2.5 million in brand resale case, plans to appeal decision. [CNET]
Christian Lacroix may be forced to liquidate. [Times of London]
Timberland and Reliance Brands announce partnership in India. [Boston Globe]
(More headlines: Waterford, Disney's Princess Tiana, Tiger Woods.)Continue reading...
Posted by Laura Fitch on September 23, 2009 02:45 PM
China’s auto industry is revving for international expansion.
After years serving as the country where the world’s cars (or at least a large number of their parts) were made, China’s auto execs are eyeing established international carmakers to take over.
Reuters recently listed several such proposed mergers, with Geely Automotive’s parent company approaching Canadian auto parts maker Magna International about a stake in Opel (Magna isn't interested), and preparing a bid for Ford's Volvo unit.Continue reading...