Cars
Japan’s Economic Future in Doubt: A National Introspective
It’s not been a good year for Japan. China has recently overtaken the Land of the Rising Sun as the world’s second biggest economic power and a recall of over ten million vehicles by one of the nation’s biggest and most respectable companies, Toyota, kicked off a global PR debacle that some analysts predict will take years to recover from. Add to that Japan’s aging population, its growing national debt and heavy reliance on manufacturing, all of which are effectively killing what was once thought destined to be the world’s leading economic superpower. The departure of its fourth Prime Minister in three years and a nasty diplomatic row with China over the detention of a trawler captain by the Japanese Coast Guard is also hurting.
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Toyota’s Human Support Robot Is Designed To Take Care Of The Elderly Or Disabled [w/videos]
The sad reality is that the world’s population is quickly aging. By 2050, the World Health Organization predicts 22 percent of the global population will be over 60 years old. The situation is even more dramatic in Japan, where the government...
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Vw To Hire 50,000 Workers By 2018, Mostly Outside Europe
Volkswagen plans to employ 50,000 people by 2018, in its quest to become the world’s largest carmaker. Currently, Europe’s biggest automaker has around 550,000 employees worldwide. Most of the new jobs are expected to go outside the Eurozone,...
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China May Overtake Germany As World’s Number 2 Luxury Car Market This Year
Despite being the world’s biggest car market, China ranks third in the luxury segment, trailing both the U.S. and Germany. Analysts, however, predict that this is about to change soon; in fact, it could even happen at the end of 2011. According...
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Land Rover Cancels G4 Challenge Programme
As the global economic recession deepens, automakers around the world are either canceling or pulling out from all sorts of competitions. Land Rover said today that it will cancel the Land Rover G4 Challenge programme in order to focus more on product...
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China: Cars Sales And Production Rise +20% In First Half Of 2007
According to the data released by the China Association of Automobile Manufacturers (CAAM), car sales and production both grew more than 20% in the first half of the year. In particular, vehicle production reached 4.46 million units, up by 22.36 percent...
Cars