Last post on Dec 09, 2012 at 8:21 PM
You are in the Chevrolet Volt
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Chevrolet Volt, Automotive News, Hybrid Cars, Coupe, Hatchback, Truck, Sedan, SUV
#1015 of 1015 Chinese now own Volt battery maker
Dec 09, 2012 (8:21 pm)
How long before they own the Volt and its parent GM?
A Chinese car parts maker has won the auction for bankrupt US battery maker A123 Systems, in a further success in international dealmaking for Chinese groups.
Wanxiang Group bid about $257m to win the auction for the battery maker, which supplies electric cars.