Chinese auto firm BYD reportedly to build plant in California

Chinese carmaker BYD Co. may build an assembly plant and open its north American headquarters in Los Angeles county, according to a report. The Los Angeles Business Journal, citing unnamed sources, reported that 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. A representative for BYD did not immediately respond to a request for comment. (March 10, 2010)