Cadillac and Lincoln unveiled crossover models at the New York auto show to meet rising American demand but also are keeping one eye on a growing Chinese appetite for the vehicles.
Four years ago, PSA Group's future in China seemed limitless. China became the automaker's largest market in 2014, with sales of 734,000 vehicles, outpacing France for the first time.
The auto industry has passed a continuous way till now and since 1990s, most of the automakers have tried to escape from financial losses by merging with each other. This topic is getting hot and bold, these days.
A lot of tech believers—and some automakers—point to a future of the automobile that’s autonomous, connected, shared, and electric. But the time frame for the envisioned wholesale transformation from today’s reality to the next era of mobility is up for debate.