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Daihatsu signals the phase out of the Japanese “keiretsu” system


Japan’s Daihatsu Motor Co is well known for two things – it’s a Toyota Motor, the world’s largest carmaker, affiliate and has strong expertise in the field of small, affordable and economic cars. Little is known, according to Kosuke Shiramizu, formerly Daihatsu’s chairman and now a company advisor that the business model of the automaker has changed over the years – ...
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Analyst opinions diverge on Tesla opportunities
Tesla Motors, the California based automaker that only produces luxury electrically-driven autos, has been the sweetheart of US investors in the last couple of years, but now analysts seem to ...
Hankook and investment partner Hahn & Co to acquire majority stake in Halla Visteon Climate Control Corp.
South Korea’s largest tiremaker, Hankook Tire Co. and its investment partner Hahn & Co agreed to pay around $3.6 billion for the purchase of the majority stake in Visteon Corp’s ...
Hyundai wants diversity to become a core objective in US business plan
According to Dave Zuchowski, the Hyundai Motor America CEO, who spoke during the Rainbow PUSH Coalition Automotive Project conference held in Detroit, diversity and inclusion are now an integral part ...
New plan set to test Fiat – Chrysler strength
Just recently Fiat acquired full control of its US unit Chrysler and the newly merged entity is ready to present on May 6th its first overall business plan – putting ...
Pirelli targets operating profit margin bigger than 15 % by 2017
Pirelli SpA, Europe’s third-largest tiremaker, announced a new business plan which targets a bigger operating profit margin, looks at a partnership for its steel-cord unit and aims to sell 150 ...
GM takes Tesla very seriously, with “Team Tesla”
As the electric car maker’s market value has soared in the past year, the 10 year old company could even soon take over the 105 year old auto maker – ...
Report: BMW is the most attractive auto company to work for
BMW is the best automotive company to work for, according to The World's Most Attractive Employers 2012 report. Employer branding firm Universum asked tens of thousands of business students from the ...
US: Ford sales up 9 percent in July
Ford’s July sales totaled 180,865, up 9 percent versus a year ago Ford Motor Co. on Tuesday announced July sales totaled 180,865, up 9 percent versus a year ago. Ford brand ...

latest automotive news
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