A Chinese business daily is reporting that Dongfeng and SAIC are planning to
buy GM and Chrysler at their historically low stock valuations. It could give
Dongfeng instant access to the U.S market, something it has wanted for a long
time. It seems like they could be swooped up cheap. Check
out the coverage. The
Great Debate takes another turn!
Automakers are on the prowl for lighter weight materials to make vehicles less heavy and more fuel efficient, and Nanosteel is one of the companies hoping to take advantage of this opportunity with their lightweight automotive steel of the same name.
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