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VW sells 5 million cars in China
Fri, 16 Oct 2009VW has hit 5 million car sales in China But some car makers saw the future long before the rest. Volkswagen has been making cars in China for 25 years in collaboration with Chinese partner SAIC. And 25 years ago China was a very different place to the country it is now, so it was a brave move and a big risk for VW at the time.
Nissan to pull Infiniti production out of Japan to counter strong yen
Thu, 05 Apr 2012The high value of the yen will prompt Nissan Motor Co. to shift production of Infiniti vehicles out of Japan to other locations, Nissan CEO Carlos Ghosn said. "You won't have to wait a long time before we make a decision about the new base for sourcing of Infiniti," Ghosn told a group of reporters April 4 during the New York auto show.
Experts predict nine-, 10-speed transmissions to dominate in North America
Mon, 13 May 2013In March, luxury maker Land Rover proudly told an audience at the Geneva auto show that it would soon bring to market the industry's first nine-speed transmission. One month later, Ford Motor Co. and General Motors announced that they would jointly develop 10-speeds.