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Russia: auto decline to lead into dealership mergers


According to the founder of Rolf, one of Russia’s major dealerships, the fast declining situation on the car market might force many of the country’s dealerships to merge or “die”. Russian consumers have been postponing since last year major purchases – such as cars – because of an economic downturn caused by the weakening local currency and the recent political troubles ...
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Europe: car factory map dominated by VW AG and Renault-Nissan Alliance
While the automakers in the US swiftly operated job and plant cuts following the 2008-2009 financial crisis, Europe has seen a deeper economic dive and also a different scenario for ...
Report – San Francisco’s ride-sharing companies threatened with legal actions
The situation could turn dire for the emerging ride-sharing business if the report coming from the Wall Street Journal proves accurate. Citing a letter sent by district attorneys of San ...
Chevrolet snatches prime time at Shanghai Disneyland
While the core passenger brand is fleeing Europe to make room for Opel’s recovery, GM still sees the brand as its global ambassador. And what better alliance the US automaker ...
US: After Audi, Google and Mercedes-Benz ask California for autonomous driving permits
Yesterday we told you that German luxury automaker Audi was the first company that received California’s new permits for driverless cars. Well, besides the Volkswagen AG subsidiary, permits were released ...
Report – Toyota rethinking Mexico factory plans
Although we just recently told you that Toyota was searching for a new site to build a compact car assembly facility in the Central American country, a new report already ...
[Video] Opel follows Vauxhall and announces new city car name to be “Karl”
It seems that the two sister brands have decided on this particular model to secure each one half of the human gender – Vauxhall has opted for Viva, a decisively ...
Vauxhall announces and teases Viva model prior to next year’s Geneva Motor Show debut
The British counterpart of Opel has released the first teaser image of the newly announced Viva entry-level five-door city car. Usually, Vauxhall cars are rebaged right-hand drive versions of Germany’s Opel ...
The Koenigsegg Agera R test car crashes on the Nurburgring
The very mysterious Koenigsegg Agera R development car has suffered an accident while being test driven on the highly technical Nurburgring circuit in Germany. The challenging, narrow and curvy Nürburgring racetrack, ...
Volkswagen cuts production at Russian plant
Volkswagen is cutting car production output at its plant in Kaluga, Russia, because of a weakening ruble and a decline in real wages. The German auto manufacturer is set to lower ...

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