Chinese Propensity To Buy Flash Cars Greater Than U.S., U.K. “BMW and Mercedes seen as superior to Ferrari, Porsche and Lexus” German luxury car makers are now probably making over 50 per cent of their profits in China and accelerating sales there could propel Mercedes and BMW into double digit profit margins, according to Bernstein […]
Tag Archives | China
Could China Speed Up Western Attack By Buying Its Way In?
China Could Underline New Technology, Or Regulate To Gain Sales Here’s a thought to keep investors in car companies warm at night and put the frighteners on the world’s biggest manufacturers and their employees. What if China decided to take over one of the key players in the West to speed up its entry into […]
China Looks To Sweden For Way Into European Market
Volvo Wanted by Geely, SAIC Said To Fancy Saab Stake Two Chinese suitors are seeking to invest in Swedish automotive companies Volvo and Saab. Geely Automotive said it wants to bid for Ford Motor Co’s Volvo, while press reports in Hong Kong said SAIC Motor Group is thinking about taking what was described as a […]