More in Globalization

  • Newswire

    U.S. Nearing Increase in Duties on Chinese Tires  

    The Department of Commerce's preliminary decision to raise duties on Chinese car and light-truck tires follows a ruling they were sold too cheaply in the U.S....More
  • Newswire

    Report: CEO Says Kia Needs India Car Factory  

    A Korean newspaper quotes Kia CEO Park Han-woo as saying the automaker should build a factory in India to counter slowdowns in the Chinese and Russian markets....More
  • Newswire

    China Profitability Moves to Pay Off, Renault Tells Dealers  

    The French automaker is offering support to dealers complaining it, like other foreign car companies, have set unrealistically high sales targets and forced them to buy more cars than they can sell....More
  • Newswire

    Chinese Dealers Criticize Foreign Automakers as Inventories Swell  

    The China Auto Dealers Assn. contends foreign automakers effectively obligate retailers to buy their cars, leaving them with bloated inventories and lower profits....More
  • Newswire

    Hyundai to Construct Two China Plants  

    The Korean automaker says its first new manufacturing facilities since 2012 will have annual capacity of 300,000 units apiece when they come on line in 2016 and 2017....More
  • Newswire

    Toyota Short of 2014 China Sales Goal, Executives Say  

    Facing a slowing economy and increased competition from foreign luxury models, the Japanese automaker and its two Chinese joint ventures expect to sell slightly more than 1 million vehicles in 2014, 10% below its objective....More
  • Newswire

    Audi Takes Aim at BMW as Biggest Luxury-Car Maker  

    Volkswagen's flagship division is earmarking more than two-thirds of investment through 2019 for new models and technologies including electric and plug-in hybrid vehicles....More
  • Newswire

    Chinese Automaker Geely Sees 2014 Profit Down 50%  

    Geely, whose parent company also owns Swedish automaker Volvo, expects its 2014 net profit to fall because of setbacks including a 49% year-on-year slump in export sales through November and losses from depreciation of the Russian ruble....More
  • Newswire

    President of Tesla's China Unit Resigns  

    Veronica Wu gave no reason for her resignation, which came a year after she left Apple's China unit to head the U.S. electric-vehicle manufacturer's operations in the country....More
  • Newswire

    China Key to Luxury-Sales Title, Mercedes Exec Says  

    Mercedes' China chief, Hubertus Troska, says the automaker must close its sales gap with rivals BMW and Audi in the country to meet its goal of becoming the world's leading luxury-car seller by 2020....More
  • Newswire

    Tesla, BMW Talking EV-Components Deal  

    Tesla founder Elon Musk says he and BMW officials are discussing "whether we can collaborate in battery technology or charging stations."...More
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