Post Tagged with: "automakers"

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US carmakers weary of Pacific Trade Deal

US carmakers weary of Pacific Trade Deal

US automakers traditionally support trade agreements that deliver new markets for their models, but they’re not doing the victory dance when it comes to the pact between 12 Pacific countries that is close to final negotiations. According to the Big Three Detroit automakers and the UAW union that speaks for […]

Iran could be key to Asian automakers as well

Iran could be key to Asian automakers as well

Iran, dubbed by analysts and industry experts as one of the last emerging markets, is gearing up to be open for business once more for the global automakers – with European peers from PSA to VW already ready to profit. The approaching sanctions end – which were in place for […]

Europe: VW executive says automakers returning from China

Europe: VW executive says automakers returning from China

Carmakers are coming back to Europe and increasing production on the Old Continent as China, the world’s largest single auto market, starts lowering the cost advantage as the economy weakens. The weakness seen in China would prove a great opportunity for central European countries to attract new investments even as […]

China seeks a place among automotive “superpowers”

China seeks a place among automotive “superpowers”

The country is the second largest economy in the world, the second biggest luxury auto market on the planet and the leading auto market on Earth. But it also wants to become one of the automotive production superpowers, and wants to achieve that status quickly. Automotive assembly facilities already make […]