Warren Buffett wants to sell you a car and he’s making waves in the auto dealership industry today.
Continue Reading...
Warren Buffett must have been a wealthy lemming in a past life, because when he dives from a cliff others follow — often into a pit of money. His latest plunge involved acquiring 10 million shares of General Motors, which could signal future strength for the company.
Continue Reading...
It’s not clear if Chinese automaker BYD is more famous because of its billionaire investor Warren Buffet, or because of its continued failed promises to sell cars in North America. Soon, however, you might recognize the brand as your emissions free transportation to and from the office. That’s because BYD is preparing to launch its...
Continue Reading...
Warren Buffett and Chinese carmaker BYD have raised 1.4 billion yuan, or $219 million, in their initial public offering in Shenzhen. While seemingly impressive, the figure was below expectations. Investors were worried over how well the company would perform, and lacked confidence for the company. BYD had hoped to raise 2.19 billion yuan, or another $34...
Continue Reading...
Of all the Chinese automakers, BYD (or Build Your Dreams) has been pegged for several years now as the one to bet on. A battery company turned car manufacturer, BYD was the first from China to display at the North American International Auto Show in Detroit, holding a press conference and making claims that have...
Continue Reading...
Chinese manufacturer BYD is getting ready to introduce its electric car to the U.S. in 2010. According to the Wall Street Journal, BYD’s chairman Wang Chuanfu said the lithium-ion battery powered e6 will be ready ahead of schedule with a limited run of a few hundred vehicles. With an estimated price tag of $40,000, BYD...
Continue Reading...
Volkswagen and Chinese automaker BYD (Build Your Dreams) have signed a “memorandum of understanding” announcing that the two car manufacturers will seek ways to work together to bring electric vehicles and hybrids to market. Volkswagen recently announced its TwinDrive diesel-electric hybrid system and we recently reported on a rumor that the German automaker will bring...
Continue Reading...
sidebar...
