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Volvo’s new XC90 meeting the high standards

Volvo’s new XC90 meeting the high standards

The 2016 Volvo XC90 could be easily considered both a triumph and a surprise, as it rekindles Volvo’s place among the top luxury players in crucial markets – China, the United States and Europe. The large new sport utility vehicle is something of an oddball – the XC90 is the […]

Tesla’s adventures have numerous chapters in China

Tesla’s adventures have numerous chapters in China

The youngest publicly traded US automaker, Tesla Motors, has been a sweetheart of prospective investors, mesmerized by the prospect of turning a green carmaker into a global powerhouse. Co-founded and lead by bullish billionaire entrepreneur Elon Musk, Tesla has proposed a grandiose plan to the world – make electric cars […]

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 […]

Chinese brands see pricing danger from global automakers

Chinese brands see pricing danger from global automakers

According to the leader of the Chinese state-backed automotive industry group, the local brands are now in danger of once more losing market share as foreign carmakers have initiated a pricing competition to lift lagging sales. Dong Yang, secretary general of the Chinese Association of Automobile Manufacturers, has shared his […]