The Chrysler Group will play a key role in plans to revive Fiat S.p.A.’s ailing Alfa brand. The U.S. automaker will build two new Alfa crossover models for sale in North America and Europe.
The Chrysler Group will play a key role in plans to revive Fiat S.p.A.’s ailing Alfa brand. The U.S. automaker will build two new Alfa crossover models for sale in North America and Europe.
China is rapidly becoming the world’s largest market for luxury cars. This is the conclusion of a study by the respected Institut für Automobilwirtschaft (IFA) of the university of Nürtingen-Geislingen, near Stuttgart. The study was made in cooperation with the likewise renowned Anting Automotive Academy of the Tongji University in Shanghai.
The study predicts that by [...]
It seems like the Chinese government is getting worried a bit about what Greenspan would have called „irrational exuberance“ in the Chinese auto market. If Greenspan would have worked for the Chinese. Would have been interesting. Anyway …
A few days ago, Dong Yang, vice president of CAAM, warned that the industry should be careful about [...]
Like the rest of the world, car sales in Germany have essentially tanked compared to a few years ago. The market was aided by the federal government’s scrappage program, but that helped the entry-level segment more than the premium market. According to BMW’s sales head, Ian Robertson, the luxury automaker is hoping to buck the sector trend by introducing new products more frequently — something he says lacking over the course of the previous year. Key to the sales initiative are the new X1 and 5 Series…