Russia’s car market will shrink by as much as 20 percent this year as economic growth slows, AvtoVAZ CEO Bo Andersson said today.
Category Archives: Useful Information
Navigant forecasts PLUG-INS & FCVS to be 2.5% of all vehicles in use in 2035
In a new report, Navigant Research estimates that nearly 84.1 million new light-duty vehicles (LDVs) will be sold globally in 2014, putting more than 1.2 billion vehicles on the world’s roads.
Fiat Chrysler plans small, finance-focused staff for new London HQ
Fiat Chrysler Automobiles’ new London headquarters will have a staff of about 50 people, most of whom will have a finance background, said two people familiar with the details of the automaker’s plan to shift its tax residency to the UK.
Bentley boosts work force ahead of SUV output
Bentley will create 140 new jobs at its headquarters in Crewe, England, as it gears up to begin output of its first SUV and it prepares to add hybrid powertrains to the lineup.
Ninety of the new hires will be engineers and the rest will be apprentices, Bentley said in a statement on Monday. Bentley currently employs 3,700 workers in Crewe.
Navistar, An Investor looks under the hood
Navistar International Corporation (NYSE: NAV), is a manufacturer and retailer of commercial and military trucks, school and commercial buses, and diesel engines. What if the industry a company belongs to is performing well? Wouldn’t it be alright to invest in it?
