http://www.autonews.com/article/20130514/COPY01/305149917#axzz2TbAtYhdj Fiat and Maserati (both part of the same company) had to halt production due to a supplier not delivering plastic components that go into…
Author: tommd13
GM shares return to $33 IPO price on optimism for truck sales
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After two years GM share price has gone above the $33 IPO it had, in these two years at maxed out at around $38 and…
New S class key to boosting Mercedes profit margins, China sales
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http://www.autonews.com/apps/pbcs.dll/article?AID=/20130516/GLOBAL03/305169995/new-s-class-key-to-boosting-mercedes-profit-margins-china-sales#axzz2TYz8JwpC It seems that Zetsche is not wanting to sell the new S-Class to the driver, but more to the passenger. The new S-Class will have…
In boost to GM and VW, China resumes incentives for foreign auto investment
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http://www.autonews.com/apps/pbcs.dll/article?AID=/20130517/GLOBAL03/305189998/in-boost-to-gm-and-vw-china-resumes-incentives-for-foreign-auto#axzz2TYpsiFje China will encourage foreign investment in order to increase labor-intensive projects in the central and western regions. This will reverse a policy created…
Automotive News reports here that Hyundai, Mercedes, Nissan, and Toyota have been working with the U.S. department of energy to prepare for the first hydrogen…
US used vehicle sales drop 6% in first quarter
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Automotive News reports that industry wide used vehicle sales have dropped 6% in the first quarter. What does this say for the auto-industry? Are more…
http://www.autonews.com/apps/pbcs.dll/article?AID=/20130514/OEM04/130519952/honda-to-convert-ohio-seat-plant-for-acura-nsx-output#axzz2TN4aZwjl The Marysville Ohio plant for Honda will invest $70 million to transform it into the new NSX. Mr. Scott Whitlock, who was the plant…
BMW loses court battle to chinese X5 clone
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BMW recently tried to sue China for the copying of the X-5 but China dropped the case stating they were not the same. Recently watching an episode of top gear brought all of this to my attention and it was interesting because of different international laws various countries have such as China versus Germany or the U.S.
China’s auto-maker will be opening a new facility in California to sell electric busses to local companies. The move is small, with only a few…
China’s Electric Car
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Recently, at the Shanghai auto show new electric cars from major companies such as Volkswagen and Toyota were unveiled. The push for hybrid and electric…