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Volvo Cars retail sales up 8.4 per cent in first ten months
Volvo Cars retail sales up 8.4 per cent in first ten months

Volvo Cars continued its trajectory towards another record year in global sales in October, on the back of a strong performance in China. Year-to-date sales growth globally amounted to 8.4 per cent, resulting in total sales for the first ten months o

Nov. 7 , 2016
Analysis: SsangYong’s lack of development prospects in China
Analysis: SsangYong’s lack of development prospects in China

In January 2005, SAIC Group acquired a 51.33% stake in SsangYong, making it the Korean SUV maker’s largest stakeholder. That was several years before Geely acquired Volvo with the aim of revitalizing that brand. However due to a number of reasons, SA

Nov. 6 , 2016
Parts shortage to idle FCA's Canada minivan plant, union says
Parts shortage to idle FCA's Canada minivan plant, union says

Fiat Chrysler will idle its minivan assembly plant in Windsor, Ontario, beginning Monday, union officials there said, because of a parts shortage.An FCA spokeswoman did not respond to requests for comment late Thursday on the report, and union offi

Nov. 4 , 2016
BMW posts flat profit as investments erode margins
BMW posts flat profit as investments erode margins

BMW (BMWG.DE) posted flat third-quarter operating profit on Friday as investments in new technologies and hiring staff ate into profits from sales of its premium cars.

Nov. 4 , 2016
Jaguar, Land Rover gain in '16 as Mercedes, Lexus, BMW lose ground
Jaguar, Land Rover gain in '16 as Mercedes, Lexus, BMW lose ground

As auto-sales growth has slowed this year in the U.S., the biggest gainers have been smaller luxury brands with new SUV offerings. Exhibit A: Jaguar, the elegant British line known traditionally for its sports cars and sedans.

Nov. 4 , 2016
Toyota, VW and Bosch lead Google in self-driving technology patents
Toyota, VW and Bosch lead Google in self-driving technology patents

Based on the headlines you might think that Google single-handedly created the self-driving car, but when it comes to patents for autonomous driving technology, the IT giant is no match for Robert Bosch, Toyota and Volkswagen.

Nov. 4 , 2016