The Russian government will revise its formula for determining the level of localization of auto production. Foreign automakers will be given up to three years to comply with the amended requirements....More
Automakers planning to appeal the fines may argue the fragmented Spanish market is competitive. Their combined market share is 91% but no single brand has a stake greater than 10%, spurring discounts averaging €4,000....More
A Frost & Sullivan report says emerging middle classes in countries such as Kazakhstan, Uzbekistan, Ukraine, Azerbaijan, Belarus, Kyrgyzstan, Turkmenistan and Tajikistan will create a demand for more, and updated, cars....More
Designed and engineered in Wolfsburg with input from U.S. staff, the Atlas evolved from VW’s 2013 CrossBlue concept and is starting to roll off the line in Chattanooga, TN. The automaker invested $900 million at the plant for the Atlas launch.
Alfa Romeo, Bentley, Buick, Lincoln, Maserati, Mini and Subaru win their first Wards 10 Best Interiors trophies, while Honda, Lexus and Mazda return to the winners’ circle. Thirty-one nominees were evaluated....More