By Emily Scharnhorst
Citizen’s arrests date back to medieval times. They are arrests made by a person who is not acting as a sworn law-enforcement official. Generally, citizens are encouraged to be mindful of unlawfulness and to take action when they see it.
In recent years a number of non-German global brands have challenged the solid grip that Audi, BMW and Mercedes-Benz maintain on China’s luxury car market. But until now, none of them has put any noticeable competitive pressure on the three leading brands, to say nothing about shaking their iron grasp on the market.
Doron Levin Fortune Magazine
A strategy of going after up-and-coming auto markets is paying off.
Renault, a latecomer to China, could sell up to 800,000 vehicles annually in the country, CEO Carlos Ghosn said.
Renault will open a factory in Wuhan, China, with Dongfeng Motor in 2016 with an initial annual capacity of 150,000 units that can be doubled if there is enough local demand.
European Union officials in Brussels can now shuttle between policy meetings without burning fuel, thanks to a new fleet of electric-powered taxis made in China.
