{"id":410447,"date":"2010-03-09T13:20:00","date_gmt":"2010-03-09T18:20:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-3493326554865261410"},"modified":"2010-03-09T23:50:27","modified_gmt":"2010-03-10T04:50:27","slug":"marketwatch-chinese-auto-firm-byd-reportedly-to-build-plant-in-california","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/410447","title":{"rendered":"MARKETWATCH: Chinese auto firm BYD reportedly to build plant in California"},"content":{"rendered":"<p><!-- AddThis Button BEGIN -->By John Letzing, MarketWatch<\/p>\n<p>March 9, 2010, 9:28 p.m. EST        <\/p>\n<p class=\"leadin\"> SAN FRANCISCO (MarketWatch) &#8212; Chinese car maker BYD Co. may build an assembly plant and open its North American headquarters in Los Angeles County, according to a report Tuesday. <\/p>\n<p> The Los Angeles Business Journal, citing unnamed sources, reported that the BYD plant could top 1 million square feet in size and create hundreds of jobs. <\/p>\n<div class=\"pvideo\">                     <object data=\"http:\/\/s.wsj.net\/media\/swf\/microPlayer.swf\" id=\"MicroPlayer_592921\" type=\"application\/x-shockwave-flash\" height=\"162\" width=\"287\"><param value=\"videoGUID={58CD6E38-F1BF-472E-8D03-FDF622A01CBA}&amp;playerid=2001&amp;configURL=http%3A\/\/wsj.vo.llnwd.net\/o28\/players\/&amp;autoStart=false&amp;allowPlayerPopup=1&amp;movieWidth=287&amp;movieHeight=162&amp;host=www.marketwatch.com\" name=\"flashvars\"><param value=\"always\" name=\"allowscriptaccess\"><param value=\"transparent\" name=\"wmode\"><param value=\"false\" name=\"seamlesstabbing\"><param value=\"true\" name=\"swliveconnect\"><\/object>                      <\/p>\n<h3><span style=\"font-size:100%;\">Coda Helps Define Future of Electric Cars<\/span><\/h3>\n<p> This could be a defining year for the electric car, and particularly for start-up companies. WSJ&#8217;s Joseph B. White provides a look at Coda Automotive&#8217;s offering, which combines U.S. and Chinese ingenuity. <\/p>\n<\/p><\/div>\n<p>An announcement on the location of the company headquarters could come within the next few months, while any decision on an assembly plant would follow, according to the report. <\/p>\n<p> A representative for BYD did not immediately respond to a request for comment.            <\/p>\n<p> The Chinese auto maker displayed its e6 electric crossover at the Detroit auto show in January, and said it planned to start selling the car in the U.S. some time in the second half of the year. <\/p>\n<p> BYD <span id=\"quote1744436282\" class=\"quotepeekbase bgQuote up\"><span class=\"bgChannel\"><\/span>        (<span class=\"symbol\"><a href=\"http:\/\/www.marketwatch.com\/investing\/stock\/1211?countrycode=hk\" title=\"Byd Co\">HK:1211<\/a><\/span>        <b><span class=\"data bgLast symbol\">66.90<\/span><\/b>,        <span class=\"data bgChange symbol\">+0.70<\/span>,        <span class=\"data bgPercentChange symbol\">+1.06%<\/span>) <\/span><span id=\"quote1689807293\" class=\"quotepeekbase bgQuote up\"><span class=\"bgChannel\">(<\/span><span class=\"symbol\"><a href=\"http:\/\/www.marketwatch.com\/investing\/stock\/BYDDF\" title=\"Byd Co Ltd\">BYDDF<\/a><\/span>        <b><span class=\"data bgLast symbol\">8.61<\/span><\/b>,        <span class=\"data bgChange symbol\">+0.21<\/span>,        <span class=\"data bgPercentChange symbol\">+2.50%<\/span>)      <\/span> is a maker of both gasoline-engine and plug-in hybrid cars in China. It made news in 2008, when billionaire investor Warren Buffett invested $250 million in the company. <\/p>\n<p> News of BYD&#8217;s possible plans for California came as the United Auto Workers said it will lobby Toyota Motor Corp. and U.S. lawmakers to keep the New United Motor Manufacturing Inc., or NUMMI auto plant open in the state. <\/p>\n<p> NUMMI was slated for closure after Toyota&#8217;s       <span id=\"quote1096882418\" class=\"quotepeekbase bgQuote  down\"><span class=\"bgChannel\">\/quotes\/comstock\/!7203<\/span>        (<span class=\"symbol\"><a href=\"http:\/\/www.marketwatch.com\/investing\/stock\/7203?countrycode=jp\" title=\"Toyota Motor Corp\">JP:7203<\/a><\/span>        <b><span class=\"data bgLast symbol\">3,495<\/span><\/b>,        <span class=\"data bgChange symbol\">-20.00<\/span>,        <span class=\"data bgPercentChange symbol\">-0.57%<\/span>) <\/span><span id=\"quote1234793081\" class=\"quotepeekbase bgQuote up\"><span class=\"bgChannel\"><\/span><span class=\"bgRealtimeChannel\"><\/span>        (<span class=\"symbol\"><a href=\"http:\/\/www.marketwatch.com\/investing\/stock\/TM\" title=\"Toyota Motor Corp\">TM<\/a><\/span>        <b><span class=\"data bgLast symbol\">77.17<\/span><\/b>,        <span class=\"data bgChange symbol\">+0.50<\/span>,        <span class=\"data bgPercentChange symbol\">+0.65%<\/span>)      <\/span> partner in the venture, General Motors Co., opted to withdraw because of its bankruptcy. <a href=\"http:\/\/www.marketwatch.com\/story\/uaw-to-ask-toyota-to-keep-us-plant-open-2010-03-08\">See story on UAW lobbying Toyota over NUMMI plant.<\/a><span class=\"endsquare\"><\/span>           <\/p>\n<p class=\"emphasis\">    <span class=\"credit\">John Letzing is a MarketWatch reporter based in San Francisco.<\/span><\/p>\n<p class=\"textBodyBlack\"><a name=\"comments\"><span style=\"font-weight: bold;\">Share Investor Links<\/span><\/a><a name=\"comments\"><\/a><\/p>\n<p><a href=\"http:\/\/www.shareinvestorblog.com\/\">Share Investor Blog<\/a> &#8211; Stockmarket &amp; Business commentary<br \/>Discuss this topic @<a href=\"http:\/\/www.shareinvestorforum.com\/\"> Share Investor Forum<\/a> &#8211; <a href=\"http:\/\/shareinvestorforum.com\/ucp.php?mode=register&amp;sid=450a61250472e03fa25c205c9c1723f1\"><strong>Register<strong><\/strong><\/strong><\/a> free<\/p>\n<p><a href=\"http:\/\/shareinvestorforum.com\/viewtopic.php?f=36&amp;t=140&amp;p=1013#p1013\"><span style=\"font-weight: bold;\">Download the 2009 Warren Buffett Letter &amp; 2009 Annual Report to Berkshire Hathaway Shareholders<\/span><\/a><br \/><a href=\"http:\/\/shareinvestorforum.com\/viewtopic.php?f=36&amp;t=140&amp;start=15#p960\"><span><span style=\"font-weight: bold;\">Download the 1977 &#8211; 2009 Warren Buffett Letter&#8217;s to Berkshire Hathaway Shareholders<\/span><\/span><\/a><\/p>\n<p><span style=\"font-weight: bold;\">Recommended Amazon Reading<\/span><\/p>\n<p><script type=\"text\/javascript\">var addthis_pub=\"shareinvestor\";<\/script><\/p>\n<table id=\"searchResults\" cellspacing=\"0\">\n<tbody>\n<tr class=\"clsEven\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/1439149372\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/41qXBx8NLxL._SL75_.jpg\" alt=\"Warren Buffett's Management Secrets: Proven Tools for Personal and Business Success\" \/><\/a><\/td>\n<td class=\"tddescription\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/1439149372\">Warren Buffett&#8217;s Management Secrets: Proven Tools for Personal and Business Success<\/a> by <span class=\"by\">Mary Buffett<\/span><br \/> Buy new:        $16.50       \/ Used from:        $13.20<br \/><span class=\"availability\">Usually ships in 24 hours<\/span><\/td>\n<\/tr>\n<tr class=\"clsOdd\">\n<td class=\"tdimage\"><a href=\"http:\/\/astore.amazon.com\/shareinvestorbookstore-20\/detail\/0060555661\"><img decoding=\"async\" src=\"http:\/\/ecx.images-amazon.com\/images\/I\/41rcIrKhYiL._SL75_.jpg\" alt=\"The Intelligent Investor: The Definitive Book on Value Investing. 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The Los Angeles Business Journal, citing unnamed sources, reported that the BYD plant could top 1 [&hellip;]<\/p>\n","protected":false},"author":833,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-410447","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/410447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/833"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=410447"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/410447\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=410447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=410447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=410447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}