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Toyota Motor Corp. plans to protect the Camry sedan's position as the top-selling U.S. car, a company sales executive said. "I'm very passionate about that," Bob Carter, senior vice president of the carmaker's U.S. sales unit, said Thursday during an Automotive Press Association event in Detroit.
Sep. 6 , 2013BMW Group and PSA/Peugeot-Citroen will probably end cooperation on small gasoline engines when the project agreement lapses in 2016, a person familiar with the matter told Bloomberg.
Sep. 6 , 2013At Chengdu motor show, Infiniti China General Manager Daniel Kirchert made it clear that Infiniti aimed to be the fourth largest luxury brand except of Mercedes-Benz, BMW and Audi. The domestic production is one of his most important strategies. "Domestic projects are developing soon, Nissan Xiangyang factory production line is drawing to a close and two domestic new models will enter production in the second half of next year.” He said.
Sep. 6 , 2013Top executives at Volkswagen AG started high-level negotiations with the UAW on Friday on how the union might represent workers at VW's assembly plant in Chattanooga, a German newspaper reported today.
Sep. 4 , 2013As the most profitable Automotive Group independent brands, GAC Motor profitability has always been a great concern. On Chengdu motor show, GAC Motor General Manager Woo Sung disclosed that from this January, GAC Motor began to profit and its profits reached 155 million Yuan in first half year. "GAC Motor is expected to realize maximum profits in 2015, the same level with the joint venture.” Woo Sung has always stressed that since the GAC Motor has alway been the Group's top priority since the establishment and GAC has never stopped investment on GAC Motor .
Sep. 4 , 2013After publishing its China made plan, Acura has accelerated its marketing in China. Besides, the company has introduced small displacement auto into Chinese market to low its product price and extend its customer group.
Sep. 4 , 2013