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Expert View
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French carmaker Renault plans to double its car production in Russia and make Logan one of the three bestselling cars in the local market by 2009. With an investment of $150 million, Renault is aiming to increase the capacity of its Moscow plant to 160,000 Logans a year, and capitalize on the soaring demand for its budget car in one of the fastest growing car markets in the world.
Published By Datamonitor
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23 Feb 2007 |
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CommentWire
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Honda has announced an ambitious investment program that will see the construction of new plants in the US as well as a renewed focus on developing advanced environmental technologies for next generation vehicles. While the move is likely to bolster the company's position in North America, the company's push into green technology more importantly demonstrates a focus on its long-term prosperity.
Published By Datamonitor
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23 May 2006 |
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Expert View
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French automaker PSA Peugeot Citroen has announced that its Ryton plant will shut down in 2007 with the loss of 2,300 jobs. Despite the fact that the closure marks another damaging blow to the West Midlands' rich carmaking heritage, many consider the UK's automotive manufacturing industry to be as strong as ever.
Published By Datamonitor
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25 Apr 2006 |
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CommentWire
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Honda CEO Takeo Fukui has reiterated his commitment to increasing the company's vehicle production activity in North America by 10% by 2008. Although the move is intended to protect the car maker's political interests, the strategy does not augur well for North America's 'big three' as it will merely allow Honda to establish a beachhead in the US market.
Published By Datamonitor
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07 Mar 2006 |
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Expert View
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Renault chief executive Carlos Goshn, famed for his turnaround of Nissan, has announced an ambitious four-year plan to improve the French group's faltering performance. The plan, which features a move into new segments and a large-scale product offensive, is unlikely to cut as deep as his Nissan revamp, but as Datamonitor analyst Richard Carteau explains, Renault still has room to maneuver...
Published By Datamonitor
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14 Feb 2006 |
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Expert View
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While Chinese automakers such as Geely and Chery are unlikely to become commonplace in Europe - and even less so in America - for another decade, demand for cheap motoring in the rest of the world could turn Chinese car makers into household names at an unprecedented speed. Datamonitor Analyst Jugoslav Stojanov believes this year could see a flying start to China's automotive conquest...
Published By Datamonitor
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02 Feb 2006 |
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Expert View
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The name given to Ford's new turnaround initiative - "Way Forward" - implies that investors should be looking ahead to a more streamlined, positive future for the company. Yet many believe that the turnaround plan favors cutbacks over innovation, leaving confidence low among analysts as to whether Ford can shake off what has been described as 'a legacy of inertia'.
Published By Datamonitor
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25 Jan 2006 |
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Expert View
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Speaking at the International Auto Show in Detroit, General Motors chairman Robert Lutz lambasted the analysts who dared to criticize his company and affirmed that the auto giant had entered 2006 in good condition. Yet for all the positive publicity GM has tried to generate, murmurs about a possible bankruptcy still persist, as Datamonitor Analyst Richard Carteau reports...
Published By Datamonitor
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16 Jan 2006 |
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CommentWire
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Favoritism towards domestic producers, investment restrictions and weak enforcement of intellectual property rights were among the many the criticisms leveled at the Chinese automotive industry by the European Commission this week. The fact that China's auto sector recently recorded its first positive trade balance has also fueled concerns among European car firms about competitive practices.
Published By Datamonitor
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15 Dec 2005 |
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Expert View
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Rising gasoline prices are pushing North American consumers towards more fuel-efficient models, leading Japanese manufacturers such as Honda to benefit, to the detriment of their US rivals. Fuel efficiency, it is clear, has become a decisive selling point for the SUV target and the US big three need to respond to this trend, as Datamonitor's Richard Carteau reports...
Published By Datamonitor
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06 Dec 2005 |
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