At a time when Indian, Russian and Brazilian car markets are stumbling, China remains the major growth engine for the global automotive industry, analysts say. "For many years it's been the Bric nations (Brazil, Russia, India and China) ...
Tags: Automotive Industry, Cars
The joint R&D Centre of Geely Group and Volvo Cars has begun operations in Lindholmen Science Park, Gothenburg, Sweden, following a decision made earlier in 2013. This new center will develop a modular architecture and components for the ...
Tags: Geely Group, Volvo Cars
As the notebook industry is seeing declining shipments, Taiwan-based battery maker Simplo Technology is now eyeing the automobile, motorcycle and bicycle industries. Simplo already has technologies to make batteries for electric ...
Tags: Electric Vehicle, Battery
The average profitability of the global automotive supplier industry remains stable at an astonishingly high level: 6.5% EBIT margin for 2012 and for 2013. The most profitable sectors for suppliers are chassis, powertrain and tires, whereas ...
Tags: economy, Transportation
OEMs have been successful in developing technology for e-mobility worldwide, with vehicles now ready for series production. The price of an electric car is thus falling sharply, as the e-mobility index for Q3 2013 from Roland Berger ...
Tags: e-mobility, Auto, Transportation
Renault is planning to collaborate with French investment and industrial holding group Bollore to strengthen its presence in the electric car market. The collaboration would cover the use of charging stations and batteries, reported ...
Tags: Auto Parts, Accessories
China's auto market grew by double digits in August as carmakers tapped the sales momentum from January to July. Sales of passenger cars and commercial vehicles rose 10.3 percent in August from a year earlier to 1.65 million units. On a ...
Tags: Auto Market, Passenger Cars
Fiat Group and Chrysler CEO Sergio Marchionne has been forced to pull out of his appearances at the Frankfurt motor show at the last minute, citing ‘unforseen commitments’. While it remains unknown exactly what sparked ...
Tags: Alfa Romeo, Chrysler
Foton, with both production and sales ranking first in the world, is regarded as a leading commercial vehicle manufacturer. In order to fulfill its target of 3 million units of production and sales by 2020, Foton has started rapid expansion ...
Tags: Transportation, truck
The boss of Ford’s European operations says it could take until the end of the decade for the continent’s new car market to recover. Ford of Europe CEO Stephen Odell told German newspaper Frankfurter Allgemeine Zeitung the ...
Tags: Car Market, Ford Boss
BMW Australia has questioned rival Mercedes’ pricing strategy with its A-Class hatchback, believing it has been unnecessarily aggressive. The smallest Mercedes (main image) was launched with a $35,600 starting price earlier in 2013, ...
Tags: Mercedes-Benz, BMW
The US police car market has opened up following the retirement of the long-serving Ford Crown Victoria, and SUVs are muscling in. Until production ended in 2011, the Ford Crown Victoria – a V8-powered, rear-wheel drive, ...
Tags: Ford, SUVs, Police Fleets
New car registrations in the UK have increased 12.7% to 162,228 units in July 2013 and are expected to reach 2.216 million units this year, according to the Society of Motor Manufacturers and Traders (SMMT). Registrations of ...
Tags: car registrations, Car Sales
In early 20th-century China, personal transportation didn’t get much better than a rickshaw. On the other side of the world, automakers like Winton Motor Carriage Company in Cleveland, Ohio were bringing automobiles to the masses. ...
According to the statistics released by the Turkish Automotive distributor Association (ODD), in the first seven months of this year the domestic passenger car market increased by 20.3 percent compared to the same period last year, with ...
Tags: Passenger Car