Could The “Qoros” Turn Out To Be A Real Threat To Europeans? Another major European car show has been and gone, and still the feared threat from China failed to materialise. But the absence of Chinese cars from the Frankfurt Car Show in any force doesn’t mean the threat won’t appear someday soon, and a […]
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Magna Deal For Opel Brings Relief To Merkel, German Unions
Investors Bemoan Bailout Of Unprofitable Manufacturer But Overcapacity Must And Will Be Addressed Sooner Or Later German unions and Chancellor Angela Merkel were happy after General Motors finally agreed to sell a majority of Opel-Vauxhall to the Magna-Russia consortium. But British unions worried about the job “guarantees”, while investors complained that propping up Europe’s most […]