Volvo Car Group, which will start shipping Chinese-produced midsize sedans for sale in the United States later this year, may add additional export markets in the Asia-Pacific region and elsewhere, CEO Hakan Samuelsson said.
Daily Archives: January 20, 2015
Toyota Mirai FCV, 1,400 units already ordered
The Nikkei reports that Toyota will further boost its production capacity for the Mirai fuel cell vehicle to 3,000 units by 2017, based on demand in Japan and the company’s plans to introduce Mirai into other markets. In December 2014, the Nikkei reported that Toyota would invest some $165 million to triple capacity; the new report envisions a quadrupling of the original plan.
AEB says, Russia car sales to drop 24%
Russian car sales are likely to drop by 24 percent this year after falling 10 percent in 2014 as the country heads for recession, an automakers lobby group forecast.
