bmw sets its plan to be first foreign automaker to control china jv

BMW Sets its Plan to Be Primary Foreign Automaker to Control China JV

Company Mohit Shah - Jul 13, 2018

BMW AG stands to become the first foreign car manufacturer to own a majority in a Chinese joint venture. The Munich-based luxury-car maker plans to unveil the new ownership structure of its venture wi

mercedes make daimler issues profit warning due to us china trade clash

Mercedes maker Daimler Issues Profit Warning Due to US-China trade clash

Automotive Mohit Shah - Jun 22, 2018

Market shares in Europe’s biggest automakers have fallen abruptly in early trading after Daimler issued a warning that its profits would be knockout this year by new Chinese tariffs on US import

china imposes an extra 10 percent tax on imported luxury cars

China Imposes an Extra 10% Tax on Imported Luxury Cars

Automotive Pavan Pandey - Dec 02, 2016

The Finance Ministry of China stated, this step is targeted at encouraging rational consumption and controlling the usage of energy and emissions as well as promote energy-efficient cars.

new redesigned ford fiesta debut in europe

New Redesigned Ford Fiesta’s Debut in Europe

Automotive Pavan Pandey - Nov 30, 2016

Ford Motor Co. revealed the redesigned higher-margin versions of the subcompact car Fiesta, its best-selling regional model, to raise company profitability in the European market. The members of Detro

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