Tag: yuan

By on August 12, 2015

 

Stocks for automakers such as General Motors, Fiat Chrysler Automobiles and Ford took a pounding Tuesday after China devalued its currency in an effort to boost exports from the country, stemming the economic slowdown already underway.

In a statement released Tuesday, GM said it had enough of a local supply chain within China to offset its exposure to international currency fluctuations.

“We believe that our exposure is limited and manageable, and do not expect that the devaluation will have a material impact on the company’s financial performance,” the company wrote.

(Read More…)

By on July 17, 2015

 

84. Leopaard logo

It’s Leopaard, with two A’s.

Last time we had a look at the 10th to 6th most-impressive Chinese carmakers at Auto Shanghai 2015, it’s now time for ranks No. 5 to No. 2. By now, either the carmakers in question have made tremendous progress compared to last year in Beijing, or they are approaching world class. And we’ll start with the “Most Improved” award.

Drumroll, please:

(Read More…)

Recent Comments

  • jkross22: Mike, I’d love to be wrong. Unfortunately, the best predictor we have of future behavior is past...
  • mjz: I agree/disagree. Tavares is smart and knows the value of brands within their sales regions. Opel/Vauxhall being...
  • Nick_515: tRump did. he built the wall, and made Mexico pay for it to boot.
  • johnds: I kind of see bd2’s point. Many people who drive cars might not know the difference between an engine...
  • ToolGuy: Done and done (previous article was the plan, here is the reality): https://apnews.com/article/...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber