Global Expansion

DAVE GUILFORD

Autos' enthusiasm for emerging markets hits brakes

2:11 pm U.S. ET | April 15, 2014
Global automakers have jostled to position themselves for growth, particularly in the much-touted BRIC markets -- Brazil, Russia, India and China. But that growth formula has been looking a little less solid lately. Tension with Russia over the annexation of Crimea, with the prospect of stiffer trade sanctions, has rattled automakers' confidence.... Read More »

 

Economists: Global GDP growth on the rise, but BRICs disappoint

11:14 am U.S. ET | April 15, 2014
The global economy will do “fairly well” in the coming years, with the United States economy leading the way, while Europe “has turned a corner,” a leading economist said.... Read More »

 

Beijing Auto looking to acquire a brand in Europe or U.S

April 3, 2014 08:21 CET
Beijing Automotive said it wants to buy a "mid- to high-end brand" in Europe or the United States to boost its global presence and it already has candidates in mind.... Read More »

 

VW seeks to open car plant in Thailand, sources say

April 2, 2014 10:08 CET
VW Group has applied to set up its first car plant in Thailand to help narrow the gap with Toyota in Southeast Asia, people familiar with the matter said. VW sees a "strong market opportunity" in the region CFO Hans Dieter Poetsch said last week.... Read More »

 

Audi says cost of foreign growth, new models to burden EBIT margin

March 11, 2014 11:41 CET
Audi is bracing for another drop in operating profit this year as the cost of foreign expansion, new models and technologies keep burdening results.... Read More »

 

Autoliv preps new China airbag plant to supply Great Wall

Feb. 25, 2014 10:34 CET
Autoliv will start building an airbag plant in the second half of this year in the north China city of Baoding, where Great Wall Motor Co. is headquartered. The plant will make airbags mainly for Great Wall's Haval SUVs.... Read More »

 

KEITH CRAIN

This is not a simple business anymore

12:01 am U.S. ET | Feb. 3, 2014
It hasn't been easy over the past decade or so to figure out what's a domestic vehicle and what's an import. And it's not getting any easier as more companies become multinationals. It probably doesn't matter anymore.... Read More »

 

Marchionne insists Jeep can hit 1 million sales in 2014

5:14 pm U.S. ET | Jan. 17, 2014
Now that Fiat has almost closed its deal to buy the portion of Chrysler it does not already own, one of the main items on the to-do list of CEO Sergio Marchionne is expanding the global reach of the Jeep brand. And Marchionne, the CEO of both Fiat and Chrysler, wasted little time this week in making a prediction that some analysts regard as bold: Jeep will achieve its goal this year of selling 1 million SUVs around the world.... Read More »

 

GM's 2013 global sales rise 4.5% for narrow lead over VW

Jan. 14, 2014 17:55 CET
General Motors announced global sales results that show a narrowing lead over Volkswagen in 2013 as deliveries in China failed to outpace its ambitious German rival.... Read More »

 

Denso plans to expand U.S. headquarters, operations

12:20 pm U.S. ET | Jan. 14, 2014
Denso International America said it is expanding its North American headquarters in suburban Detroit. The supplier purchased a 81,000-square-foot building next to its current campus in Southfield, Mich.... Read More »

 

GM’s 2013 global sales rise 4.5% for narrow lead over VW

11:55 am U.S. ET | Jan. 14, 2014
General Motors announced global sales results that show a narrowing lead over Volkswagen AG in 2013 as deliveries in China failed to outpace its ambitious German rival.... Read More »

 

Jaguar Land Rover posts 19% gain in global sales

3:48 pm U.S. ET | Jan. 12, 2014
Jaguar Land Rover notched its best full year global sales performance in 2013, selling 425,006 units, a 19 percent gain over 2012, the company said Sunday.... Read More »

 

Global auto sales forecast rosy, with reservations, for 2014

3:19 pm U.S. ET | Jan. 12, 2014
Automakers are upbeat about global auto sales this year despite fears of a slowdown in the United States, which generates big profits and where sales have surged 50 percent since the recession.... Read More »

 

COMING MONDAY

Tesla faces toughest challenge yet to meet expansion goals

12:01 am U.S. ET | Jan. 11, 2014
Tesla Motors, on a roll this past year with its highly praised Model S electric vehicle, faces its hardest challenge is yet to come: achieving CEO Elon Musk's bold goal of increasing the company's estimated 2013 volume of 20,000 units to 250,000 in the United States -- and to 500,000 globally -- by the end of the decade.... Read More »

 

Hyundai-Kia forecast slowest sales growth in 8 years

10:02 pm U.S. ET | Jan. 1, 2014
Hyundai Motor and affiliate Kia Motors forecast their weakest sales growth in eight years as competition intensifies and the stronger won hampers exports.... Read More »

 

Ford plans to add thousands of jobs, 3 plants and 23 vehicles

3:00 pm U.S. ET | Dec. 12, 2013
A confident Ford Motor said today that it plans to add 5,000 jobs in the United States in 2014, open two plants in Asia Pacific and one in South America, and launch 23 vehicles globally.... Read More »

 

Lexus predicts record global sales

Nov. 29, 2013 06:01 CET
Despite its poor performance in Europe, Lexus will set a global sales record of more than 520,000 units this year. Mark Templin, executive VP of Lexus International, said that worldwide sales would "finish on the north side of 520,000," edging Lexus' high of 518,300 units in 2007.... Read More »

 

Lexus expects record global sales

12:01 am U.S. ET | Nov. 25, 2013
Lexus will set a global sales record of more than 520,000 units this year, a top executive said. Mark Templin, executive vice president of Lexus International, said last week that worldwide sales would "finish on the north side of 520,000," edging Lexus' high of 518,300 units in 2007.... Read More »

 

Continental to concentrate more on growth opportunities outside Europe

Oct. 23, 2013 15:40 CET
Continental is banking on growth outside Europe to help offset continued weakness in the region and is investing in adding tire production capacity in fast-growing markets.... Read More »

 

Global carmakers need to look beyond 'BRICs' for growth, study says

12:28 pm U.S. ET | Oct. 22, 2013
Global automakers must look beyond China, India, Russia and Brazil to other clusters of emerging countries if they want to get their share of growth worldwide, a consulting firm said today.... Read More »

 

Global carmakers need to look beyond BRICs for growth, study says

Oct. 22, 2013 18:28 CET
Global automakers must look beyond China, India, Russia and Brazil to other clusters of emerging countries if they want to get their share of growth worldwide, a consulting firm said.... Read More »

 

Ford targets one-third increase in global capacity within 5 years

9:19 am U.S. ET | Oct. 8, 2013
Ford mapped out a plan to build one-third more vehicles globally by adding more plants in emerging markets, overhauling its production methods and running most of its factories around the clock by 2017, executives said.... Read More »

 

Ford steps up plans to make factories more flexible, efficient

2:11 pm U.S. ET | Oct. 7, 2013
Ford is expanding its manufacturing footprint in emerging markets and overhauling its production methods to give it more flexibility and reduce plant downtime, company executives said today.... Read More »

 

Ford steps up plans to make factories more flexible, efficient

Oct. 7, 2013 20:11 CET
Ford is expanding its manufacturing footprint in emerging markets and overhauling its production methods to give it more flexibility and reduce plant downtime, company executives said.... Read More »

 

Renault starts sales of locally built Duster in Indonesia

Sept. 22, 2013 06:01 CET
Renault has started sales of locally assembled Duster SUVs in Indonesia as it seeks to boost growth outside slumping Europe.... Read More »

 

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