Ford targets boosting its global vehicle sales by 52 percent to 9.4 million annually by 2020 as the automaker looks to fast-growing Asian markets to offset the poor-performing regions of Europe and South America.
Category Archives: General Talk
Fiat’s tax concession with Luxembourg may be illegal state aid, EU says
A tax concession that Luxembourg authorities granted to a subsidiary of Fiat Chrysler Automobiles may constitute illegal state aid, the European Commission said today.
Hyundai reaches tentative wage deal with union
Hyundai said Tuesday it had reached a tentative wage deal with labour unions to end a series of damaging partial strikes at the world’s fifth largest automaker.
SGL Carbon will sell €267 million worth of shares to tackle debt, boost growth
SGL Carbon SE, which makes carbon fiber for the auto industry, will sell new shares for about €267 million ($339 million) to repay debt and make investments in growth.
American Bicyclist Captures Shocking Video on Helmet Camera
This video captured by an American bicyclist on his helmet camera shows how careless some drivers can be.
