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Audi

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Daimler wants to conquer China


The German company Daimller AG announced plans to build in China the largest factory in the world. The manufacturer of Mercedes hopes to conquer the rapidly growing automotive market in “the Middle Kingdom.” The new facility, which will cost about 2 billion euros, will be created by the end of 2014. It’s construction will help … Continue reading

GM to boost Cadillac showrooms in China by 25% to challenge Audi


General Motors, the largest foreign automaker in China, will increase the number of Cadillac dealerships in the country by about 25 percent as it competes against German luxury automakers led by Volkswagen AG’s Audi. The Detroit-based company will add about 40 dealers for its upscale Cadillac brand next year, up from about 160 currently, Bob Socia, GM’s … Continue reading

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