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Ford may close two plants in Russia

    Ford may close two plants in Russia

Because of the restructuring in Ford, the company began to think about the closure of two main plants in the Russian Federation, which produce cars. According to data provided by

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Volvo records the highest sales for 2018

    Volvo records the highest sales for 2018

Volvo Cars have record sales. In 2018, the concern managed to sell more than 642 thousand cars, which is 12% more than the same figure last year. The sales growth

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Major automakers predict that 2019 will be weak

    Major automakers predict that 2019 will be weak

Auto giants doubt that the drop in sales in China will stop. That is why they give gloomy forecasts for this year. Toyota, General Motors and Daimler believe that 2019

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Hyundai reported a record drop in quarterly earnings

    Hyundai reported a record drop in quarterly earnings

In the third quarter of the current year, Hyundai annual operating profit has fallen by 76% amounting to $ 250 million. The international reporting format has resulted in the increase

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Trade war. Official news. The US announced the introduction of duties on Chinese goods

  Trade war. Official news. The US announced the introduction of duties on Chinese goods

United States Trade Representative issued an official press release. In fact, this is a declaration of a trade war between

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US- style saving: General Motors closes down the plant in Kunsan

US- style saving: General Motors closes down the plant in Kunsan

General Motors, an American industrial giant and a veteran of the world auto industry, again reduces its production capacity. This

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