Post Tagged with: "automakers"

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German automakers worried about Russia and China

German automakers worried about Russia and China

The European market has finally taken the much-awaited continental recovery into overdrive after a slow start last year, but the German powerhouses are now growing weary of the market developments in regions such as Russia or China. The European market last month showed its best tally since before the economical […]

Report has Uber bidding for Nokia’s mapping business

Report has Uber bidding for Nokia’s mapping business

San Francisco-based Uber Technologies, the well-known ride sharing service provider, has decided to purchase Nokia Oyj’s Here mapping business unit, submitting a bid of $3 billion according to a report from the New York Times. The report cites sources that have knowledge of the matter and could span a battle […]

US: automakers become green to earn more money

US: automakers become green to earn more money

Becoming environmentally friendly has turned from a question of doing the right thing to save the planet to getting environmentally sustainable as a new business development strategy that earns more money for the automakers. Just a generation ago, the US manufacturers and their global peers started to understand that getting […]

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 […]