Post Tagged with: "auto industry"

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US: Berkshire Hathaway completes acquisition of Van Tuyl Group

US: Berkshire Hathaway completes acquisition of Van Tuyl Group

The investment fund led by billionaire entrepreneur Warren Buffett has just completed the largest dealership acquisition in the auto industry’s history. Berkshire Hathaway has gone through with its purchase of the Van Tuyl Group, with the company headquartered in Dallas now renamed to Berkshire Hathaway Automotive. The new group is […]

UK: prime minister Cameron visits local auto factories, could be a covert operation to divert attention from move out of EU

UK: prime minister Cameron visits local auto factories, could be a covert operation to divert attention from move out of EU

Prime Minister David Cameron has embarked on a series of election-season trips, also touring the bustling British car plants, seeking attention as the local auto industry is enjoying a newfound renaissance. Cameronis preparing to seek reelection in May, campaigning on the assets he says have lifted the British economy back […]

Bosch sees its automotive supplier top spot threatened

Bosch sees its automotive supplier top spot threatened

Germany’s Robert Bosch is the No. 1 automotive supplier in the world, but that spot comes with numerous woes and responsibilities, which is why the car parts division has a new incoming leader – Rolf Bulander. The industry-leading unit is currently positioned at the forefront of auto innovation and come […]

US: what may or may not come in 2015

US: what may or may not come in 2015

The US economy has been fueled this year by the largest job growth since 1999 and the auto industry has taken its lion share, with what seems like the best sales year in almost 10 years. Naturally, with continuously low gas prices and the US consumers lining up to buy […]

US: auto sales to Cuba are a complicated affair

US: auto sales to Cuba are a complicated affair

President Barack Obama recently announced that he mulls the easing of the 54-year-old US trade embargo against Communist-ruled Cuba, spawning a political debate on whether the auto industry should reenter the country. The clash is obvious – on one side there are the businesses that don’t mind dealing with dictators […]