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PSA, SAIPA sign JV deal to produce Citroën vehicles in Iran

Oct 13, 2016

PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroën vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the ...

Tags: PSA Group, SAIPA, JV agreement

PSA, SAIPA Sign JV Deal to Produce Citroen Vehicles in Iran

Oct 11, 2016

PSA Group and SAIPA have signed a joint-venture (JV) agreement to produce and sell Citroen vehicles in Iran. This 50/50 joint-venture lays the foundations for a strategic partnership between the two companies. It will cover the entire ...

Tags: PSA Group, SAIPA, JV agreement

IHS Says Brexit Could Cost Automakers 2.8 Million Vehicle Sales Through 2018

Jul 5, 2016

IHS Automotive forecasts that the UK's vote to leave the European Union could cost automakers about 2.8 million light-vehicle sales through 2018. The research firm expects global deliveries to rise to 89.82 million this year, or about ...

Tags: IHS, Brexit

Taiwan's Light Vehicle Market Remains on Uptrend in May, Despite Imports Down

Jun 21, 2016

Taiwan’s overall light-vehicle sales increased to 37,878 units in May from 34,953 units in April (photo courtesy of UDN.com).Compared to Taiwan's anemic economic growth, the local light vehicle market has still expanded at solid pace ...

Tags: light-vehicle, economic growth

Beijing to Invest Hefty Amount for New-Energy Cars

Aug 11, 2015

The Beijing Government in China is taking a call on investment worth tens of billions of yuan to bolster its alternative energy auto sector as part of a national strategy for coordinated development of Beijing-Tianjin-Hebei area. ...

Tags: New-Energy Cars, imported vehicles

Axalta Sets up Its Third Cromax Color Center in Thailand

Apr 24, 2015

Axalta Coating Systems, a leading global supplier of liquid and powder coatings, has opened its third Cromax Color Center in Chiang Rai together with Northern Car Paint Co., Ltd., its key distributor of Cromax in Chiang Rai province in the ...

Tags: Axalta Coating Systems, Cromax product

Toyota Plans to Launch Trial Sharing Service of I-Road Electric Vehicle

Feb 26, 2015

Toyota Motor has partnered with Park24 to launch trial car sharing service using its ultra-compact three-wheeled electric vehicle, i-Road, in Tokyo from 10 April to end of September this year. During the trial, the i-Road will be ...

Tags: Electric Vehicle, Auto Parts

Ford China Sales Are up 30% in The Year to Date

Sep 5, 2014

Ford China sales are up 30 percent in the year to date, with 717,537 vehicles sold compared with 551,738 in the first eight months of 2013. In August this year alone, Ford sold 77,506 vehicles in China, up nine percent from 71,183 sold in ...

Tags: Ford, Car, Vehicle, Auto

The Australian Auto Manufacturing Industry Cannot Be Conducted by Examining OE Sector

Dec 6, 2013

AAAA executive director Stuart Charity The Australian Automotive Aftermarket Association (AAAA) has submitted to the Federal Government’s Productivity Commission Review into the auto industry that a constructive discussion about the ...

Tags: automotive manufacturing industry, auto aftermarket industry

Volkswagen Is Aiming to Paid $529m to Begin The Local Assembly of New Golf Model in Brazil

Sep 18, 2013

German automaker Volkswagen is planning to invest $529m to commence the local assembly of new Golf model as well as restart production by its Audi division in Brazil. The automaker's subsidiary Audi will also invest about $200m to expand ...

Tags: Auto Parts, Volkswagen

Dealers Association Is Beginning an Investigation Into The Pricing of Foreign Car Brands

Sep 4, 2013

The China Automobile Dealers Association is beginning an investigation into the pricing of foreign car brands in China. "We are collecting data to investigate the price structure of imported vehicles in a bid to find out what is behind ...

Tags: Foreign Automakers

White SINOTRUCK SITRAK Trucks Get Ready at Zhangzhou

Aug 27, 2013

White SINOTRUCK SITRAK trucks get ready at Zhangzhou, Shandong province, for delivering to Yingkou Yongfeng Industrial Co., Ltd. Yingkou Yongfeng Industrial Co., Ltd, a logistic enterprise specializing in the trade and professional ...

Tags: Sitrak Trucks, Transportation

Ford Australia Has Confirmed It Will End Local Vehicle Production in October 2016

May 28, 2013

Ford Australia has confirmed it will end local vehicle production in October 2016, signalling the death of the Ford Falcon and Territory and the loss of 1200 Victorian jobs. Ford Australia president and CEO Bob Graziano said rapidly ...

Tags: Ford, Auto, Transportation

Yet The Struggle Against Protectionism Continues

Mar 18, 2013

The Commission is today able to report about some success in its strategy to fight global trade barriers. The efforts of the European Commission to fight protectionism over the last year bear fruit and could create better trade and ...

Tags: EU Reports, economy

In January of The Current Year Motor Vehicle Sales in Turkey Totaled 37,134 Units

Feb 14, 2013

According to the Turkish Automotive Manufacturers Association (OSD), in January of the current year motor vehicle sales in Turkey totaled 37,134 units, rising by 19 percent as compared to the corresponding month of the previous year. In ...

Tags: Turkish, Motor Vehicle, auto

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