More

• UPDATE 1-JCI looks to private equity to sell auto electronics unit -sources Monday, 17 Jun 2013 | 7:55 PM ET

  NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, according to several people familiar with the matter.

• JCI looks to private equity to sell auto electronics unit -sources Monday, 17 Jun 2013 | 6:09 PM ET

  NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from several rival auto parts suppliers faltered, according to several people familiar with the matter.

• UPDATE 1-Chinese car makers turn to hybrids, hope for Beijing backing Friday, 19 Apr 2013 | 11:46 PM ET

  SHANGHAI, April 20- China is warming to gasoline-electric hybrid cars as it tackles an addiction to fossil fuels, and local car makers are finally heeding the call and entering a niche' green' market dominated by Japanese rivals such as Toyota Motor Corp..

• VW takes aim at China to fix budget car Achilles heel Friday, 19 Apr 2013 | 9:23 PM ET

  *Seen priced around 6,000- 7,000 euros- company sources. Europe's biggest carmaker plans to launch a budget brand in China with one of its local partners by about 2015, aiming to draw on more than 2,000 dealers and a market share of over 20 percent to take on similar no-frills ventures established by General Motors, Nissan and Honda.

• Chinese car makers turn to hybrids, hope for Beijing backing Friday, 19 Apr 2013 | 4:56 PM ET

  SHANGHAI, April 20- China is warming to gasoline-electric hybrid cars as it tackles an addiction to fossil fuels, and local car makers are finally heeding the call and entering a niche' green' market dominated by Japanese rivals such as Toyota Motor Corp..

• China's natural gas drive may cut oil demand by a tenth Thursday, 28 Feb 2013 | 4:05 PM ET

  BEIJING, March 1- China's drive to fuel more vehicles with cleaner-burning natural gas could reduce oil demand by nearly a tenth- equivalent to Turkey's total oil consumption- and may help ease its cities' toxic smog problem, too.

• GM paid $119 mln for 1 pct stake in China joint venture -filing Friday, 15 Feb 2013 | 1:33 PM ET

  Feb 15- General Motors Co paid $119 million in September to buy back a 1 percent stake in its joint venture with its top Chinese partner SAIC Motor Corp, which it had given up ahead of its 2009 bankruptcy. However, SAIC retains a 51 percent share in the sales side of the business.

• China shares edge up before Lunar New Year, HK trims weekly losses Thursday, 7 Feb 2013 | 11:51 PM ET

  Feb 8- China shares rose in choppy Friday trade ahead of the week-long Lunar New Year holiday, buoying slim Hong Kong gains, lifted by strength in the auto sector after strong January sales. The Hang Seng Index was up 0.1 percent, but the China Enterprises Index of the top Chinese listings in Hong Kong was down 0.4 percent.