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Redefining automotive world

Written by maryp posted on Thursday, March 27th, 2008

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There is always something exciting happening in the automotive business world.

Just this week, Ford sold the Jaguar and Rover divisions to an Indian company. One wonders how this sale will affect those brands in the U.S.. In Europe, BMW is laying off some of their production staff in Germany, citing labor costs. However, the same time expanding production in the U.S. In Japan, Toyota is trying to improve sales of their very own Lexus, as the BMW is the preferred luxury brand in Japan. (Lexus in the U.S. was introduced about 19 years ago, whereas in Japan, only 5 years ago). Ahh BMW lovers all over the world!

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