The pricing gains are good news for auto makers, but for many consumers it is leading to downsizing. Loan terms are getting longer and higher prices are putting younger, first-time buyers in jeopardy....More
The agreement between Bogdan and JAC results from a special import duty on new cars with 1.0L to 2.2L gasoline engines that was introduced by the Ukrainian government in mid-April and is intended to protect domestic auto makers....More
During the 2009 downturn, most of the manufacturers curtailed spending and stopped adding capacity, only to be caught unawares when the market recovered in 2010. They do not intend to repeat that mistake....More
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