Honda Will Overtake Chrysler as Number Four in U.S. Sales
With a relative strong year, Honda Motors will pass Chrysler to become the number four selling automaker in the U.S. With a 200,000 unit lead over Chrysler, Honda has all but secured the spot for 2009 sales.
As Toyota broke into the top three back in 2006, [...]
BMW, Chinese partner to invest in expansion,add second plant in china
German luxury car maker BMW AG on Tuesday signed a memorandum of understanding with its Chinese partner, Brilliance China Automotive Holdings Ltd to invest US$735 million to raise production capacity, sources reported.
The investment will partly be used to fund the expansion of an existing joint [...]
Peugeot-Citroen to form an alliance with Mitsubishi ?
The French and the Japanese have gotten together to form a strong partnership once already with the Nissan Renault alliance. Now it’s looking like other carmakers may be attempting to replicate this success. PSA Peugeot-Citro?n is reportedly on the verge of purchasing a controlling stake (somewhere between 30 [...]
