With the lifting of sanctions against Iran in exchange for curtailing its nuclear program, Chinese automakers will face more competition as other foreign companies step up production in the country, increase imports, or both....More
While China’s vehicle sales have slowed from the unsustainably torrid rate of a few years ago, they nevertheless are growing, and should grow at a healthy rate for another decade, government and private analysts say....More
The local industry recognizes there’s still work to be done to improve quality and upgrade technology – huge tasks, in fact. But government officials and company insiders say it’s time to prepare for a bigger play around the world....More
FCA CEO Sergio Marchionne warns that the disintegration of sales since 2007 equates to the loss of nearly 12 assembly plants. European automakers, however, have not rebalanced manufacturing capacity....More
In the initial aluminum-to-steel production program, GM will be moving cautiously, replacing only a couple of the rivets currently used to test the manufacturing process and prove part durability before moving on to more extensive applications....More
Each vehicle nominated for Wards 10 Best Interiors is scored based on aesthetics and design harmony as well as materials, ergonomics, safety, comfort, value and fit-and-finish. Editors also test the user-friendliness of the human-machine interface.
Last year, Hyundai was the first automaker in the world to sell a vehicle powered by a hydrogen fuel cell. Hyundai Vice Chairman Woong-chul Yang makes it clear the automaker plans to be a trailblazer in hybrids as well as fuel cells....More
New-car sales in China are expected to grow at least 5% this year. But margins on those sales, already small, have vanished for many dealers. Retailers now are looking to look to areas such as finance and insurance and used-car sales for profits....More