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Hoops fans take a shot at China

March 16, 2008 by newsbot

Red McCombs owns a dealership group in Texas. Wu Xiaoan is chairman of Brilliance China Automotive Holdings, an automaker in China. The two men like cars, of course. More important, they share a passion for basketball.

Brilliance China, moguls plan US car sales in 2009 (Reuters via Yahoo! News)

March 10, 2008 by newsbot

Brilliance China Automotive Holdings Ltd, BMW's partner in the country, has signed a preliminary agreement with two U.S. billionaires aimed at beginning exports of low-cost sedans to the United States in 2009.

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