CAR INDUSTRY

World economy 29th April 2014

The driving forces of Elon Musk

BEIJING | By W. Jiapeng, H. Haoyi, Z.Shiyun and G. McCubbing via Caixin | The second time around to China has offered much more promise than the first some two years ago, Elon Musk, founder and CEO of Tesla Motors Inc, said in an interview with Caixin. In three or four years, Musk plans to have cars produced in China, which will mean setting up a joint venture with a local partner, influencing the car industry to move faster in the direction of electric cars.

World economy 25th February 2014

Mexico: When The Car Industry Is An All-In

MEXICO CITY | By David Brunat | It’s crystal clear: the automotive industry is going to drive the Mexican economy soon, says the country’s Automotive Industry Association AMIA, who predicts that in 5 years they will be producing 4 million units -and replace Japan as the second-largest exporter of cars to the United States.

Companies 1st March 2012

Widespread investor skepticism over GM-PSA’s deal

NEW YORK | General Motors and PSA Peugeot Citroën’s strategic pact announced Wednesday is meant to help both automakers squeeze $2 billion a year at their…