Global Aftermarket
Commercial Vehicle Group Announces Groundbreaking For New Facility In Mexico

This facility will allow CVG to expand and enhance its capabilities for the construction, agriculture and specialty vehicle markets.

FEV Group Reinforces Operations In Europe, South America, And Asia

Dr. Ernst Scheid and Dr. Michael Wilhelm assume management leadership of the newly founded FEV Asia GmbH; Dr. Norbert Alt becomes executive vice president of FEV GmbH.

Automotive Expert Michael J. Dunne Explains How China’s Recent Surge in Electric Vehicle Sales May Have Been Attributable To Fake Customers

In this latest audio interview from our content partner GlobalBusinessProfessor.com, automotive expert Michael J. Dunne shares details of what he describes as fraudulent activity that boosted China’s electric vehicle (EV) sales. Dunne is author of “American Wheels Chinese Roads: The Story of General Motors in China.” His commentaries have been published in the Wall Street Journal, International Herald Tribune and Automotive News.

Is Mexico The New Detroit? Why Your Next Car Is More Likely To Come From Latin America

Quick, name the largest vehicle producers in the world. China, Japan, Germany and the United States are probably among the more common answers. You might be surprised to learn that Mexico now belongs in that group.

Nexus Automotive International Outlines Key Initiatives In Its Aim To Become A Global Leader

Launched in February 2014 with an EU footprint and headquarters in Geneva, Nexus’ founding partners consist of 14 shareholders that are leading independent car parts distributors in multiple markets.

SUV Takes Over As The Best-Selling Segment In Europe For The First Time

For the first time in the history of European car sales, SUVs led the way, outselling the traditional subcompact and compact segments, posting an increase of 24 percent at 3.2 million units.

The Largest Colombian Business Forum To Welcome More Than 1,000 International Buyers

Colombia has revamped its image and today represents one of the most stable economies in Latin America, growing 4.4 percent annually from the period of 2010 to 2015. ProColombia, the Colombian Government Trade Bureau, will hold the Colombian Business Matchmaking Forum March 17-18, in Bogota, Colombia.

Autoliv Strengthens Involvement In Swedish Vehicle ICT Arena Initiative

Vehicle ICT Arena gathers automotive companies and industrial suppliers, as well as engineering companies, research institutes and universities, to create an open platform for innovation and competence supply, mainly within automotive IT.

Bosch Establishes Operations In Pakistan

The company says it will focus initially on the sale of power tools and security systems as well as products and solutions from its automotive aftermarket division.

From GlobalBusinessProfessor.com: Understanding The EB-5 Visa

The Immigrant Investor Program, also known as “EB-5,” was created in 1990 by Congress to stimulate the U.S. economy through the creation of jobs and capital investment by foreign investors. Administered by U.S. Citizenship and Immigration Services, it allows foreigners to “buy” a Green Card by investing a certain amount of capital in the U.S. market. It recently stirred up some controversy when the United States ran out of these visas for the second year in a row.

ResearchInChina Report: Passenger Car Telematics Options In China Continue To Vary

From January to September 2015, the number of Chinese new passenger vehicles equipped with telematics products approximated 1.8 million units, up 32.1 percent from a year earlier. Among them, OnStar held 26 percent and ranked first, followed by SYNC and Honda Link.

Trans-Pacific Partnership Trade Agreement Signed In New Zealand

The agreement, which comes after seven years of negotiations, is intended to promote economic growth and lower trade barriers, such as tariffs.