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Industry

Ssangyong Might Be Hit By Strike, Fears Liquidation
Ssangyong Might Be Hit By Strike, Fears Liquidation

13 Jan 2009, 11:25 UTC · By: Madalina Iancu / Even if SAIC struggles to save Ssangyong from bankruptcy, its efforts don't seem to be enough to be appreciated by the South Korean workers. According to Reuters, Ssangyong union workers hav...

 
BMW Group Hopes to Keep Its US Market Share This Year
BMW Group Hopes to Keep Its US Market Share This Year

13 Jan 2009, 10:35 UTC · By: Madalina Iancu / Even if BMW Group's sales have dropped heavily in USA last year, the German car maker was “saved” by the Mini vehicles which were extremely popular in 2008 as we have already report...

 
GM's Bob Lutz Is Pessimistic About This Year
GM's Bob Lutz Is Pessimistic About This Year

13 Jan 2009, 09:52 UTC · By: Madalina Iancu / Judging by the severe blow in 2008, it seems now it's really difficult to imagine good things coming from next year. Although they have just revealed their intention of building the electric...

 
Car Sales in Chinese Market up 6.7% in 2008
Car Sales in Chinese Market up 6.7% in 2008

13 Jan 2009, 09:13 UTC · By: Madalina Iancu / We have been speaking these days about the sales of various automakers highlighting that 2008 wasn't the best year ever for them despite some good results from place to place. Logically spea...

 
GM Plans to Build Car Batteries in Michigan
GM Plans to Build Car Batteries in Michigan

13 Jan 2009, 08:25 UTC · By: Madalina Iancu / As we reported earlier, US lawmakers intend to put the brake on the supremacy of Asian car batteries and encourage the development of a large-scale production plant for the lithium-ion battery. T...