The Big Three of four wheels used to relate to the U.S., Germany and Japan. However, not for much longer.
A new report shows that in the past few years, precisely after its accession to the World Trade Organization (WTO) in 2001, China has seen a phenomenal growth in its automotive industry. As the country’s economy is growing steadily, a vast consumer base with increasing disposable income has led to a changing lifestyle and rapid development in road infrastructure. This has subsequently led to China becoming a renowned name in the global automobile industry.
Continue reading “China Overtakes ‘Big Three’ in Global Automotive Industry” »


Fancy an excuse for a holiday? Well, if so, this is your chance. A recent survey from the UK
Despite raised salaries and lower taxes, Swedes won’t spend as much money this summer, new research from the largest Scandinavian bank 