Global Aftermarket
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.

Ford Begins 2016 With Record-Breaking Month In China

The automaker says January sales were up 36 percent in China. The Ford Escort, Mondeo and Ford SUVs helped contribute to the record-breaking month.

Cooper Standard Expands Footprint In China

The company has announced the grand opening of two additional facilities in Jiangsu and Chongqing.

Chemical Company Stahl Cooperates With Rinspeed For Interior Etos Concept Car  

The autonomous driving sportscar was unveiled during the Consumer Electronics Show in Las Vegas this past month.

Bosch Brings The Connected Vehicle To India

In line with its “in the region-for-the-region” strategy, Bosch presented its Intelligent Transport Management System (iTraMS) at the Bosch’s Technology Exposition in Noida, on Feb. 3. Its features include tracking of vehicle location, condition monitoring and performance analysis.