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China automaker Brilliance halts Europe exports, executives say
Thu, 29 Apr 2010Brilliance China Automotive Holdings Ltd., BMW AG's partner in China, has halted its car exports to Europe after its BS4 and BS6 sedan met with a cool reception, and there is no timetable for a resumption, senior executives said on Thursday. The head of Brilliance's former importer for Europe, Hans-Ulrich Sachs, told Automotive News Europe in March that another reason the automaker struggled is because it refused to lower the starting prices on the BS6 and BS4. "They didn't want to lose any money per car," said Sachs, the former boss of the now dissolved import company HSO Motors Europe.
London world’s most expensive place to park
Tue, 17 Dec 2013REX The average cost to park a car for a day in London is a whopping £42 – making London the most expensive city for car parking in the entire world. This is according to new research by ParkatmyHouse.com, which ranks the UK capital number one, well ahead of the likes of New York, Sydney and Tokyo. On Bing: see pictures of car parking in LondonThe world’s strangest car parks The next most expensive city to park in is Tokyo – a place so notorious for its lack of available parking space the Japanese have an entire class of city cars dedicated to making it easier.
Currency chills U.S.-made Audi
Mon, 28 Jun 2010Audi has put on ice the option of manufacturing in the United States because of the euro's recent slide against the dollar. The decision against U.S. production means Audi, unlike sister division Volkswagen, isn't ready to design a car primarily for the United States.
