http://www.westernjournalism.com/detroit-become-americas-first-chinese-city/ According to Western Journalism, “The governor of Michigan, Republican Rick Snyder, has already made a formal request to Obama’s Homeland Security for 50,000 special…
Author: Kuangdi Zhao
Another round of recall from GM?
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http://www.autonews.com/article/20140515/OEM11/140519931/gm-recalls-2-7-million-u-s-vehicles-for-issues-including-taillamps?cciid=email-autonews-blast&r=6466C5926134B9P GM just announced today that it is going to recall 2.7 million US vehicles for problems from brake lights to brakes. The recalled models…
Energy deals between China and Russia
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China is currently the biggest net importer of petroleum and other liquid fuels. More than 50% of China’s annual consumption of oil is imported. The…
http://www.bmwgroup.com/e/0_0_www_bmwgroup_com/investor_relations/corporate_news/news/2014/news_q1_2014.html BMW was performing extremely well during the first quarter of 2014. A report from BWM AG suggests that “first-quarter sales volume, revenues and earnings…
Chinese investors in Africa
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According to Wall Street Journal, Chinese companies have made significant amount of investment in Africa. Among these investments, 30.6% of them are invested in mine…
Steel Industry and Auto Industry
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Steel is the basic material of automobiles. Without sufficient steels, it would be impossible for auto companies and their suppliers to operate. When we visited…
Chapter Three (Kuangdi Zhao)
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Summary: In the era after World War II, urban society became increasingly violent. Crime rate soared during the 1960s, 1970s, and 1980s, despite the overall…
Though the article below is not directly linked to the auto industry, I think it would be still interesting to share this information. http://www.industryweek.com/IW-US-500 During…
Tesla’s Income Statement since 2012: Blue is revenue, Orange is profit It has not made any significant profits in the last eight quarters, but its…
It was not uncommon to see people come to car dealers and pay their cars by cash. The story depicted by this article published on…