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
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
Finally, Parts ready to fix 189,000 GM SUVs that can catch fire
By TOM KRISHER
For the owners of 189,000 General Motors SUVs, the days of parking them outside the garage for fear that they could catch fire will soon come to an end.
BMW says customer tastes changing, popularity of sports cars declining
BMW Group said sports cars may never find as many buyers as they did in the market’s glory days before the global recession.
