Global Expansion

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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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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....
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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, Ray and Rik Fregia are seeing sales boom after million-dollar overhauls at their three stores. Mon., September 15
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