Post Tagged with: "automakers"

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Recent Mexico investments anger the UAW union

Recent Mexico investments anger the UAW union

Last Friday the second largest automaker – Ford Motor – announced it would further invest $2.5 billion in Mexico to start the assembly of a new generation of high mileage engines and transmissions, delivering in the process 3,800 new jobs. General Motors not long ago also decided it would spend […]

Luxury powerhouses rose on the back of SUVs, not limousines

Luxury powerhouses rose on the back of SUVs, not limousines

While many usually associate a premium automaker with a longer or shorter lineup of sedan-bodied limousines, the reality is that luxury brands became the “kings of the world” thanks to a not so elevated range – the sport utility vehicles. Let’s take BMW, today the world’s largest premium automaker, for […]

Russia approves $166 million aide to support auto factories

Russia approves $166 million aide to support auto factories

The country will support its internal auto producers with a 10 billion rubles ($166 million) subsidy strategy, according to a recent government announcement, aiming to support the struggling industry that was hit by the economic collapse. The measures announced on Thursday are still widely viewed as insufficient for an industry […]

Mass-market automakers affected by premium brands sales push

Mass-market automakers affected by premium brands sales push

The luxury automakers are fighting a heavy war among themselves to reach the top global position, but their ongoing fight also ahs collateral damage – the volume brands are being pushed out of some traditional niches. For example, Europe’s profit-rich coupe niche saw total deliveries increase 6.9 percent to 150,160 […]

Safer cars are also better at lifting mpg rates?

Safer cars are also better at lifting mpg rates?

According to automakers, governments should give them credit for introducing near-autonomous features that increase safety and also have the potential to make them spend less fuel and thus decrease pollution. The current crop of new models are popularizing safety features such as automatic collision warning and braking, adaptive cruise control […]