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Ride sharing apps that could compete with Uber for example, are one of the current interests of Apple. With sales of iPhones slowing, the company decided to diversify its investments and it will provide about $1 billion for the development of the Chinese-based Didi ride sharing app. Didi materialized last year and it became China’s largest ride sharing app. Additional services provided by Didi include taxi and private car services and even test drives. Apple CEO Tim Cook said they are extremely impressed by the business Didi have built and their excelle...
Many of us already know about Nissan trying to press for more U.S. growth. It's been revealed that the automaker is also alienating some of its parts suppliers. A newly released annual survey shows Nissan sank into a virtual last-place tie with Fiat Chrysler Automobiles. On the other side General Motors, improved significantly after Steve Kiefer got some great grades for his first year on the purchasing job after running GM Powertrain.The ratings that result from the questionnaire proposed by a Detroit-area consulting firm- Planning Perspectives Inc., come as Nissan and FCA need...
Audi is one of the brands that benefits from the strong SUV demand among car buyers. Audi's global vehicle sales rose 7.5 percent to 164,350 last month, boosted by gains in Europe, the U.S. and China and especially by a higher demand for its SUVs. Audi's sales boss, Dietmar Voggenreiter, declared that the company continued to increase sales in all of the core regions, which reflects the sound balance of the business. SUV sales last month jumped 17 percent to 52,150, accounting for nearly a third of overall brand deliveries. Sales of the latest Q7 model were up...
In order to take a controlling 34% stake in Mitsubishi Motors, YOKOHAMA, Japan-Nissan Motor Co. is ready to invest 237 billion yen which is about $2.2 billion.This purchase is meant to transform Nissan into the single-largest shareholder of Mitsubishi. By May 25 the agreement between the companies will be signed and four directors to Mitsubishi Motors' board will be named by Nissan. Rumors say that even the chairman of Mitsubishi Motors might be Nissan's director. The deal must be completed within a year or it will be invalid. Looks like Nissan decided to save Mitsubis...
It's big vehicles time: crossovers, pickups, vans and SUVs ran car sales off U.S. roads in April. Roomy and fuel-efficient trucks accounted for 59.3 percent of light vehicles sold last month. If taking into consideration that last April, trucks represented 55.2 percent of the market, we may say that this year the highest level of truck sales ever for the month has been reached.Every car segment lost market share, from midsize and compact to sporty and alternative power. Every truck segment - volume and premium crossovers, pickup, van and SUV - gained market sh...
