Tesla cancels factory plan in ASEAN

Potential car buyers seen at a Tesla showroom in Shanghai. CHINA DAILY Tesla has scrapped plans to build plants in the ASEAN countries, reported Thai newspaper the Nation. Quoting an anonymous official source, the Nation said last week that Tesla had pulled out the team overseeing the project late last year. Tesla is currently only … Continue reading Tesla cancels factory plan in ASEAN

Brose reveling in fierce contest for market share

Philipp Schramm, CEO and CFO of Brose. [Photo provided to China Daily] Running a company is like doing a sport, said Philipp Schramm, CEO and CFO of Brose, one of the five largest family-owned automotive suppliers in the world. The German company develops and manufactures systems for vehicle doors, liftgates and seats. It also produces … Continue reading Brose reveling in fierce contest for market share