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China Auto Logistics Reports a Doubling of Company’s Line of Credit Since 2010 Year End
TIANJIN, CHINA–(Marketwire – 07/12/11) – China Auto Logistics Inc . (the “Company” or “CALI”)(NASDAQ: CALI – News ), one of China’s leading developers of automobile-related websites, a top seller in China of imported luxury vehicles and a leading provider in China of automobile-related services, reported today the Company’s aggregate lines of credit — included a newly added RMB 80 million ($12 …

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Romney holds line against auto bailout at Detroit campaign stop
Republican presidential candidate and Michigan native Mitt Romney defended his position against the auto industry bailout when he was questioned by reporters today.

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Mazda to Add $118 Million Engine Production Line in Hiroshima, Nikkan Says
Mazda Motor Corp. will spend 10 billion yen ($118 million) to install a production line for fuel-efficient engines at a plant in Hiroshima, where the company is headquartered, the Nikkan Kogyo newspaper said.

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