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Magna International (TSX: MG) intends to increase its sales outside the traditional markets such as the North America and Western Europe, the manufacturer of parts for automobiles seeking in particular has at least double its sales in China by 2015. The CEO of Magna, Don Walker, said at a conference of investors Wednesday that the Chinese market, which is already the largest in the world,
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Volvo has announced the elimination of about 1,900 jobs Tuesday, including about 500 in Ontario, as part of measures designed to improve its profitability and help you become more competitive. 1,400 lost jobs are piecing plants of the division of Volvo trucks in Ghent, Belgium, and Gothenburg and Umea, Sweden. Volvo said in a press release Tuesday that these job losses are a consequence of its
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The great Carroll Shelby leave us on May 10. Today, we learn that his personal car, a Ford Shelby GT500KR 2009, will be put to auction in mid-October, when holding the Vicari Auction has Biloxi, Mississippi. A great catch It will, without doubt, the star of this auction which will certainly attract a lot of journalists and curious. The Ford Shelby GT500KR (chassis number CSM445) has only 2575 km
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Daimler AG's Smart, Toyota and Scion iQ their p'tite, Aston Martin has its Bookmark and Volkswagen will eventually have its small Up!. Even BMW is currently working to design a small car named Megacity code. All small city currently offered on different markets or will be within a couple of years. A mini Mini It does not take much to see Mini display some interest in developing a micro car that
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