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While everybody was slugging it out in China and India, a new market emerged, almost unnoticed. Let me quickly describe this market - population of over 600million, GDP of over 2,333 billion USD with rapid growth, car penetration in the single digits, imports prevalent as demand outstrips supply and a car is still the most aspirational product that is a visible indicator of personal and professional success and status. Surprised??
Oct. 30 , 2013BMW (BMWG.DE) does not intend to lift its stake in SGL Group (SGCG.DE), the materials supplier for the carbon-fiber reinforced passenger cabin of BMW's i3 compact electric car.
Oct. 30 , 2013Toyota Motor Corp's (7203.T) reputation for quality took a hit on Monday when influential magazine Consumer Reports pulled its recommendation on three of the Japanese automaker's vehicles, including its popular flagship Camry sedan, due to poor crash test results.
Oct. 30 , 2013Volkswagen (VOWG_p.DE) may face a new challenge to its bid for the top slot among global carmakers, as the very platform the German giant has spent the last six years creating to take it to a higher level in the rankings may not be working to plan.
Oct. 29 , 2013“We have not made any progress compared with first 9 months of last year sales. Bu the fourth quarter we will promote our sales at the average level of auto industry.” Song YANG, Dongfeng Nissan vice sales president disclosed recently, Dongfeng Nissan has sold 92,699 in Sept. Nissan has been sold 84,043, and Venucia 8656, which has increased dramatically 107.89%.
Oct. 29 , 2013After Sept, Japanese joint ventures start its advertisement step by step. Compared with Germany and American brands, Japanese auto companies also advertise around their technologies. Dongfeng Nissan restarted its CVT popularization propaganda, and Honda keeps popularizing its FUNTEC technology.
Oct. 29 , 2013