Author: Automotive News Feed
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Why Beijing’s antitrust crackdown has little to do with protectionism
Beijing’s slew of antitrust investigations into the pricing practices of foreign automakers is more likely to harm Chinese brands than to protect them.
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Why Americans are rediscovering Italian cars
Ferrari, Lamborghini, Maserati, Alfa Romeo, Pagani, Zagato — those luminary Italian brands barely add up to a percent of a percentage point worth of sales in America. But oh, the mystique.
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Mercedes and Audi success helps boost Hungary economy
Increased vehicle output by Mercedes and Audi is giving Hungary’s economy a boost. Gross Domestic Product rose by 3.9 percent in the second quarter, the Hungarian Central Statistics Office said.