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The major auto makers from Asia, Europe and US are all currently manufacturing cars specifically for the Chinese market. They are introducing many new cars that cater to the more affordable market. The auto makers want a foothold in this potentially huge market so much that they are willing to take... Continue reading
Ford Motor Company is no longer the majority shareholder in Mazda Motors. They recently reduced its ownership in Mazda Motors down from 11 percent to 3 and 1/2 percent. They did indicate they would remain aligned in a strategic partnership for common interests. Mazda and Ford both have a relationship with Chinese company, Changan Ford... Continue reading
For many years, since the Bush administration, the US has been attempting to close a free trade agreement with South Korea. Many European nations already have trade agreements with Korea, and the US and Korea were having difficulty closing a deal. This led to concerns that the US would be... Continue reading
