While many other companies cut back sharply during the economic meltdown, Bosch kept ahead of the technology curve so important to auto makers by maintaining R&D investment and preserving value-added functions.
The overall hybrid market share in the U.S. is about 2%. For all-electric vehicles such as the Nissan Leaf and Mitsubishi i, shares are fractionally “very, very small,” says Scott Miller, president of Vision Critical, a consumer-information and technology firm.
The new model should appeal to customers of high-end European makes but “who really want an American car,” says Jim Farley, Ford’s chief marketing officer. “This is an in-your-face (car); there’s nothing subtle about it.”...More
A General Motors East Africa official says East African auto dealers are seeing growing demand for luxury cars, and the trade pact will allow them to “import those expensive toys and deliver them to our clients.”...More
How come we are not getting back to levels of the previous LV sales peak in 2006? The best answer to that question is the underperformance of pickups, especially the untapped potential of small pickups....More