More in Globalization

  • Newswire

    Mercedes Holding Line on Discount Levels in China  

    Mercedes sales and marketing chief Ola Kaellenius says the automaker has kept discount levels flat over the past year, despite trailing rival luxury automakers Audi and BMW in China....More
  • Jun 10, 2015
    blog

    Merger Mania, Marchionne Style 1

    The real force that will bring everyone to Marchionne’s line of thinking is mobility services....More
  • Newswire

    VW Says China Green-Lights Bigger Stake in FAW JV  

    The German automaker says the Chinese government "has approved in principle a possible increase" in its 40% stake in the JV with state-owned automaker FAW....More
  • Newswire

    Renault-Nissan Still Can Go It Alone, Ghosn Says  

    The CEO says French automaker Renault and Japanese partner Nissan can continue lowering vehicle- and technology-development costs and remain competitive without adding another partner....More
  • Jun 2, 2015
    blog

    Talks No Usual Throwdown for GM Korea, Union in 2015

    Employees’ specialized skills make GM Korea’s new-vehicle and engine-development centers valuable assets. Line workers, however, differ mainly from their Indian, Mexican and Chinese counterparts in that they make a lot more money....More
  • Newswire

    FCA Chairman Confirms CEO's Merger Overture to GM  

    Chairman John Elkann tells reporters CEO Sergio Marchionne's suggestion to GM CEO Mary Barra that the two automakers merge "was not the only email" on the topic....More
  • Newswire

    UPDATE 2-Ford to offer access to electrified-vehicle patents for a fee  

    (Adds details on EV plans from Tesla, Ford, GM, Nissan, VW) May 28 (Reuters) - Ford Motor Co said it would give other automakers access to its electrified vehicle technologies for a fee to accelerate research and development of such vehicles. Ford's offer comes nearly a year after a move by Tesla Motors Inc, the California electric car maker, to share its patents with other companies, though at no charge....More
  • Newswire

    Daimler, Chinese Tech Power to Team on Connected Cars  

    The German automaker's Mercedes-Benz cars will offer software made by web-services company Baidu that allows consumers to access content from their smartphones via their dashboards....More
  • Newswire

    PSA's Chinese JV Reported Starting SE Asia Production  

    China's official news agency says automakers Dongfeng and PSA Peugeot Citroen are cooperating with a Malaysian firm to build vehicles there, and will do likewise with a Vietnamese company later this year....More
  • Newswire

    UPDATE 1-Nissan CEO says no need to change Renault alliance after French govt ups stake  

    * No need to change capital alliance with Renault - Nissan's Ghosn * Nissan set aside enough funds to cover Takata-linked recalls -Ghosn (Adds Ghosn comments on Takata, background) By Maki Shiraki YOKOHAMA, Japan, May 18 (Reuters) - Nissan Motor Co Ltd CEO Carlos Ghosn said on Monday he did not think there was any need to change the automaker's capital alliance with Renault at present after France raised its stake and voting rights in Renault last month....More
  • Newswire

    Nissan CEO Ghosn's China Outlook Confident  

    The Nissan CEO's optimism about China stems from a 20% year-on-year increase in car sales from January-April, compared with 12% industrywide....More
  • Newswire

    Volvo Cars picks South Carolina to supply toughening U.S. market  

    * $500 million investment seen initially creating 2,000 jobs * Production to start 2018 and quickly reach 100,000 a year * China-owned Volvo Cars looking to reverse US sales decline By Laurence Frost and Ben Klayman PARIS/DETROIT, May 11 (Reuters) - Sweden's Volvo Cars has chosen a site in South Carolina for a $500 million investment in its first U.S. plant, it said on Monday, targeting a bigger share of the increasingly competitive North American premium market....More
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