Please log in. Or click Sign Up to buy a digital subscription or add digital to your existing newspaper subscription. As the head of Automotive Remarketing Services, Silverstein launched a new venture for the automaker, through which the department provided remarketing services for customers outside of the automaker (now a part of the company’s vehicle remarketing division). General Motors, which has been at the top of the list of biggest automakers for most of the past seven decades, sold 4.7 million units in the period. German automaker Volkswagen earned an overall score of 64, good for 23rd on the list.
Reports of a German automaker cartel come on the heels of the Volkswagen clean diesel” scandal, which revealed that the company masked the fact that its vehicles emitted pollutants greatly exceeding legal limits through the use of defeat devices.” Minami Tamaki filed several lawsuits against Volkswagen alleging that the company cheated consumers and lied to the government.
Chinese automaker Great Wall Motors LTD is considering making a bid to buy the storied Jeep brand from Fiat Chrysler Automobiles , spokesmen for the company said Monday. Swedish automaker Volvo placed 14th overall with an overall score of 68. Volvos earned a road-test score of 77, with a good owner satisfaction rating but a fair predicted reliability rating.
Ride apps have dominated so far this year, with at least four companies in the space securing mega-rounds with automaker participation: Via, Grab, Gett and Careem. With such competition looming, one might suppose that U.S. automakers would embrace tighter domestic efficiency requirements to help them gird for the challenge. In 2010 he was appointed Director of EEML a B2B Conference Organiser, and in 2011 he became CEO of Automaker Media Group which is focused on creating specialist media for the automotive industry in Asia, Europe, & Latin America. It has 71,617 employees and a market capitalization of $15.2 billion, according to Forbes.
Tesla briefly held the title of the most valuable car manufacturer in the U.S. earlier this year That valuation had nothing to do with the number of cars Elon Musk’s company was selling, which was (and still is ) a fraction of the output of established automakers like GM or Ford. That said, it’s no secret that automakers have shown more interest in startups lately.