Audi said it would cut spare-part prices in China as global automakers rush to change their pricing strategies after Chinese anti-monopoly regulators began probing the auto industry.
The National Development and Reform Commission, China’s state planner, is investigating the industry amid domestic media complaints that foreign carmakers, using a dominant market position, are overcharging Chinese customers on products and spare parts.
When Julie Taylor left the British Army after managing the deployment of military vehicles, the Ministry of Defense resettlement program helped steer her to more common modes of transport: Jaguars and Range Rovers.
Proxy adviser Glass Lewis has recommended that Fiat investors vote in favor of a merger of the Italian carmaker and its U.S. unit Chrysler at a meeting on Aug. 1, saying its benefits outweighed concerns over a potential increase in voting power for its main shareholder Exor.
Great cars have always been a good investment, very often a much better investment than real estate or stocks.
In a new report (Transportation Forecast: Global Fuel Consumption), Navigant Research forecasts total road transportation energy consumption will grow from 81.1 quadrillion Btu in 2014 to 101.7 quadrillion Btu in 2035—an increase of 25.4%.
