Daimler has no plans to increase its Aston Martin stake or become involved in operational matters at the UK sports car maker, Daimler CEO Dieter Zetsche said.
Category Archives: General Talk
Russia auto sales decline slowed by Weak ruble, scrappage scheme
A slump in the Russian ruble and a state scheme to support local car sales slowed falls in vehicle sales in October to 10 percent year-on-year from 20 percent a month earlier, the Moscow-based Association of European Businesses said.
VW Passenger Cars delivers record 5M+ vehicles January-October globally
Volkswagen Passenger Cars set a new delivery record for January – October, handing over more than five million vehicles to customers for the first time. 5.08 million vehicles were delivered during this period, representing an increase of 2.6% over the same period in 2013 (January to October 2013: 4.95). 45% of those have gone to China.
Faurecia targets nearly double sales in China by 2018
French supplier Faurecia said it is aiming for sales of more than €4 billion ($4.97 billion) in China by 2018, up from €2.3 billion estimated for this year, as it expands in the world’s biggest automotive market.
8 GM Cars that should never have been made
Not every idea is a great one. That doesn’t mean that we shouldn’t keep trying, but in the case of these cars, it might have been nice if some more time had been spent on research and development. These GM cars just couldn’t make the cut
