Global Investing

Route 312 – China’s Route 66

July 5, 2013

The world’s largest car market, China, with a population of 1.3 billion people and an emerging middle class, holds great potential for investors and consumers alike with annual growth rates in the auto sector expected to hold at around 23 percent to 2017, according to Alliance Bernstein Asset Managers.

from Russell Boyce:

The politics of bowing in Japan – How low do you go?

February 11, 2010

By Michael Caronna, Chief Photographer Japan

In Japan nothing says I'm sorry like a nice, deep bow, and lately there's been a whole lot to be sorry for. Ideally the depth of the bow should match the level of regret, allowing observers to make judgements about how sincere the apology really is. Facing massive recalls Toyota President Akio Toyoda and Toyota Motor Corp's managing director Yuji Yokoyama faced journalists at separate news conferences.

from DealZone:

Volvo’s Chinese journey

December 23, 2009

News that Ford expects to finalize the sale of Volvo to China's Geely in the first half of 2010 caps a year that saw China overtake the United States as the world's biggest auto market, something that would have been unthinkable only a few years ago. With Geely rival BAIC announcing its intention to harvest intellectual property from Saab, Chinese automakers are going into high gear in both their short-term goal of serving the high-octane domestic market and their longer-term ambition of retooling their manufacturing base to better serve the global automotive market.

Sen. Corker to Chrysler: best hope is merger

January 13, 2009

Tennessee Sen. Bob Corker (right, in the driver’s seat next to Mark Fields, Ford’s president of the Americas), who pushed for tough conditions on the $17.4 billion U.S. government bailout for General Motors and Chrysler, said at the Detroit auto show that he hoped Chrysler would find a merger partner to survive.

Automakers charged up about future for electric cars

January 11, 2009

Automakers are in a new race to be the first to market with an all-electric car so they can claim the mantle as the world’s greenest automaker.