Daily Archives: November 13, 2014

talks stall as VW attempts to raise stake in its Chinese joint venture

Volkswagen’s bid to increase its stake in a lucrative joint venture with Chinese partner FAW has stalled just as the German automaker is stepping up expansion in its biggest market, company sources said.

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

Oldsmobile Achieva - 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