More in Globalization

  • Newswire

    Jeep China Production Deal Imminent, Exec Says  

    Jeep brand chief Mike Manley says he hopes to announce the production deal with joint-venture partner Guangzhou Automobile Group at this weekend's Beijing auto show....More
  • Apr 11, 2014
    blog

    Venezuela President Plays With Fire as Auto Sales Plunge

    New-vehicle deliveries tumbled 87% in January and 89.9% in February, marking the lowest level since 2003 when the country was ensnarled in a nationwide strike against Chavez....More
  • Newswire

    Renault-Nissan's Ghosn Relaunches Datsun in Russia  

    Russia is among the emerging markets targeted by the Renault-Nissan Alliance for luring customers, particularly young, first-time buyers, away from the used-car market....More
  • Newswire

    CORRECTED-UPDATE 1-Beijing Auto looking to acquire a brand in Europe and U.S  

    (Corrects Volvo to Swedish from Swiss in 6th para and Saab deal date in 8th para) BEIJING, April 3 (Reuters) - Beijing Automotive Group Co, Daimler AG's Chinese partner, said on Thursday it wants to buy a "mid to high-end brand" in Europe or the United States to boost its global presence and it already has candidates in mind. The state-owned automaker said last year it was seeking to acquire an European brand, but now the search has extended to the United States, according to Dong Haiyang, who heads Beijing Auto's international expansion....More
  • Newswire

    Daimler Mulling Car Production in Russia  

    The German automaker says it is examining Russia's potential to become part of its growing worldwide production network....More
  • Newswire

    PSA Looks to Dongfeng Deal to Launch Comeback  

    The state-owned Chinese automaker and the French government each have purchased a 14% stake in struggling PSA, providing it with a cash infusion of €3 billion....More
  • Newswire

    CEO Says VW Standing By Russia Growth Plan  

    Martin Winterkorn says potential European Union sanctions against Russia following its absorption of Crimea do not mean the automaker should "scale back" its expansion plans for the country....More
  • Newswire

    Russia Turmoil Puts BMW Business at Risk, CFO Says  

    The crisis has not yet prompted BMW to change its outlook for Russia, one of its fastest-growing markets with an 11.8% sales boost to nearly 45,000 vehicles in 2013....More
  • Newswire

    UPDATE 2-VW's Audi says new models, factories to weigh on profit  

    * 2014 op margin within 8-10 pct range vs 10.1 pct in 2013 * 2014 sales to rise above 50 bln euros * May assemble more cars abroad than in Germany for 1st time * Mercedes to shrink sales gap to Audi - IHS (Adds company, analyst comments, details, background, shares) By Andreas Cremer...More
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×