More in Globalization

  • 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
  • Newswire

    Hyundai, Kia Raise 2014 Global Sales Goals  

    The sister Korean automakers have revised their global sales projection for this year to at least 8 million, which would be almost 6% more than in 2013....More
  • Newswire

    TRW Shareholders OK Takeover by ZF  

    Of the 81% of shareholders controlling TRW's equity capital, 79% approved the $12.4 billion takeover by ZF, another major automotive supplier....More
  • Newswire

    FCA Expanding Scope of Chinese Joint Venture  

    Fiat Chrysler, which already has reached a deal with Guangzhou Automobile to manufacture Jeep-brand SUVs for the Chinese market, says the automakers now will collaborate on product planning, aftersales, marketing and sales....More
  • Newswire

    Foreign Automakers Facing Headwinds in China's Luxury Market  

    Analysts expect China's growth rate to slow to 5% by 2018, but foreign automakers such as Daimler and Jaguar Land Rover are launching or expanding production in what remains the world's biggest automotive market....More
  • Newswire

    UPDATE 1-Renault targets up to 75,000 vehicles/yr at new Algeria plant  

    (Adds details, background) PARIS/Oran, ALGERIA, Nov 10 (Reuters) - French carmaker Renault opened its first plant in Algeria on Monday at a cost of 50 million euros ($62 million) to boost its presence in Africa's second-biggest auto market. The group set an initial production target of 25,000 vehicles a year that could triple for the factory in Oued Tlelat, in the Oran region, which will produce the new Renault Symbol model....More
  • Newswire

    New Daimler R&D Center Gears Mercedes-Benz to Chinese Tastes  

    Mercedes-Benz parent Daimler, bidding to catch BMW and Audi in Chinese sales, will use the R&D center to more closely tailor Mercedes cars to affluent buyers....More
  • Newswire

    REFILE-Volkswagen says to launch over 20 electric vehicle models in China  

    (Refiles to remove repetition of text) SHANGHAI, Oct 28 (Reuters) - Volkswagen AG said on Tuesday it would launch more than 20 models of battery-driven cars in China over the next few years. "In the near future, Volkswagen will be offering Chinese drivers over 20 NEVs, from small cars to large-sized SUVs, from plug-in hybrids to pure electric cars," Jochem Heizmann, head of Volkswagen Group China, said....More
  • Newswire

    Continental May Target Asia for Next Acquisition  

    Continental's chief financial officer says the German auto-parts and and tire manufacturer may be ready to expand further once it receives regulators' OK for its purchase of U.S.-based Veyance Technologies....More
  • Oct 24, 2014
    blog

    Driving in Greece Stressful, But Worth It

    The islands are lovely to visit, but be prepared for narrow winding roads with few guardrails to protect the buses, ATVs, scooters, cars and pedestrians that use them. And don’t bother looking for road signs....More
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