Tag Archives: german brands

Koreans Having Second Thoughts about German Cars

The Volkswagen Incident is making the huge popularity of German cars among Korean consumers ebbing away as market share of German vehicles decline in Korea.   According to the Korea Automotive Importers & Dealers Association on August 16, German cars’ market share hit 57.6% in July, the lowest this year. By contrast, that of Japanese cars stood at 15.5%, up 3.2% from a

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Flexible Labor Laws Drive Automakers to Spain

Germany’s Volkswagen AG and Daimler AG have recently ramped up their production capacity in Spain, encouraged by relatively flexible labor laws and a vast network of local parts suppliers. The country has become Europe’s second-largest producer of vehicles behind Germany, and the eighth-biggest in the world. Spain’s appeal comes largely from labor reforms enacted in 2012. The reforms made it

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BMW, VW to Source More Parts from Thailand

Germany’s BMW and Volkswagen will source more parts from Thailand’s well-developed autoparts industry to enhance competitiveness and expand Asian operations. BMW will establish its first Southeast Asian international procurement base in Bangkok as early as next month with an eye on shipping Thai-made parts meeting quality standards to BMW’s 30 or so factories in 14 countries around the world. In

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