Posts Tagged china
Toyota Motor Company Developing Low Cost Car
Posted by alibabarika in Automotive Articles on July 6, 2011
As far as automakers are concerned, the three most important emerging markets are China, Brazil and India. Many of the world’s largest automakers have started to focus their expansion efforts on these three countries and for good reason. China has helped Audi expand its sales growth the most, and the company has recently overtaken Mercedes-Benz in sales this year. Most of this is thanks to its long time successful operations in an exploding Chinese auto market.
Many automakers are making cars especially for their customers in these markets and the Toyota Motor Company is following suit. Toyota is currently in the developing stages of a new low cost car made specifically for customers in China, India and Brazil. The price of the car is set to cost around $11,000 making it more affordable for the masses. With such a low price car Toyota has the chance of gaining a massive amount of sales in these countries with some of the largest populations in the world.
Vw Does Not Only Want To Be Europe’s Largest But To Become The World’s Number 1
Posted by alibabarika in Automotive Articles on June 6, 2011
The first quarter results that Volkswagen has obtained is exactly what Porsche Chief Executive Wendelin Wiedeking has expected it would be when he opted to increase his controlling stake in Europe’s largest automaker. The operating profit that Volkswagen—Europe’s largest automaker and manufacturer of top-of-the-line VW Beetle Part– has gained for the first three months of 2007 has increase to 81 percent or $1.48 billion creating a 4.1 percent margin. The profit after tax of $1.0 billion has increased by 127 percent.
The VW brand division was the dominating brand for the first quarter sales drive but the star performers were Audi and Skoda. The soaring sales of new models at the Czech-based Skoda have been able to deliver an 8.5 percent operating margin—surpassing even the premium auto maker BMW. Skoda’s car sales increase by 15.5 percent in the first quarter resulting from its sales of Octavia compact and Roomster station wagon.
Nissan To Unveil New Livina Variant
Posted by alibabarika in Automotive Articles on May 6, 2011
The Nissan Motor Co., Ltd., earlier announced its intention to unveil a second variant from its new family of global cars. The unveiling of the new car will happen at the Auto Shanghai 2007. The auto show is scheduled to happen from April 22 up until the 28th.
The new Livina, which will be introduced in China in late April, is expected to boost the standing of the automaker in the territory. The vehicle will go on sale in China in late April. After that, it will be gradually offered to other territories around the globe.
Audi to Expand Business in the US
Posted by alibabarika in Automotive Articles on April 6, 2011
German car makers have been known for their production of luxury cars. Audi, Mercedes-Benz, and BMW are known the world over for their production of luxurious vehicles.
In the past, Audi was shadowed by BMW and Mercedes-Benz in terms of sales. This trend though looks to be turning, with Audi now staking its claim as the fastest German luxury car maker.