Search This Blog

Showing posts with label United States government. Show all posts
Showing posts with label United States government. Show all posts

December 11, 2012

Chinese Firm Wins Bid for Auto Battery Maker

DETROIT — Wanxiang Group, a large Chinese auto parts maker, won a high-stakes auction on Sunday for assets of A123 Systems, the bankrupt American battery maker that was a centerpiece of the Obama administration’s loan program for electric vehicles.