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South Korea’s interest shifts towards German luxury


Not long ago, South Korea was an impregnable nationalist fortress when it came to foreign imports – but this year the country is getting close to spending more on imports than the figures brought in by exports. Foreign imports outpacing the local carmakers’ exports would be a first in 24 years and it’s mostly due to German brands making inroads into ...
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Jaguar Land Rover mulls 10% market share in China
Tata Motors’ British subsidiary Jaguar Land Rover just opened the automaker’s first Chinese production plant in the city of Changshu, just 110 kilometers (70 miles) northwest of Shanghai. During the inaugural ...
Ford, GM and Chrysler continue all-out pickup truck war
Analysts and industry observers expect scorching competition between the big Detroit three when it comes to sharing the earnings rich full-size pickup truck segment. General Motors, through its Chevrolet and GMC ...
Europe: Ford deliveries rise 14.4% in August
The No.2 US automaker has registered a climb in deliveries last month in the European region of 14.4%, driven by high demand for its Kuga sport-utility vehicle. Ford had sales of ...
US: Nissan ready to overtake Honda
For the last quarter of century, the US dominance of Japanese automakers revolved around just two names – Toyota and Honda. Today, Nissan is ready to close the gap and ...
US: Ford and Honda to capture more market share
While most automakers should in the foreseeable short-term future hold on to their current market share, Ford and Honda are among the only ones to capture more of the critical ...
Nissan hopes return to compact segment will spur growth
After many years without a true compact car in the line-up, Nissan aims to introduce a new hatchback that should drive the brand’s growth to a 5% European market share. Back ...
Hyundai-Kia in trouble at home
The South Korean group, which traditionally dominates the home market has started to struggle to keep its market share as imported rivals gain pace. For the first time in the last ...
Japan: Nissan wants profit over market share
According to Corporate Vice President Joji Tagawa, the automaker would even accept falling short of its global market share target of 8% by 2017 if that means it would be ...
Hyundai aims to raise its market share in Europe by 50%
Responding to improving demand in the region with new models and expanded production capacity, Hyundai also aims to boost its European market share by almost half by the end of ...

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