Many of the automotive business news is on the consultants’ disposal on the internet. Volkswagen Group holds a 37.73% stake in Scania (68.6% voting rights), a fifty three.7% stake in MAN SE (fifty five.9% voting rights), and a ninety nine.fifty five% stake in the Audi Group Volkswagen is integrating Scania, MAN and its personal truck division into one division.
In the Nineteen Eighties the remaining elements of BL, which by then was centered on building Jaguar, Mini, and Rover vehicles and Land Rover sport utility automobiles and industrial vans, became the Rover Group Ultimately Jaguar regained profitability, and the British government bought off the company by means of a public stock offering.
Daimler AG holds a 20% stake in Eicher Motors , a ten.0% stake in KAMAZ , an 89.29% stake in Mitsubishi Fuso Truck and Bus Corporation , a 6.75% stake in Tata Motors and a three.1% within the Renault-Nissan Alliance , a 12% stake in Beijing Automotive Group, and an eighty five% stake in Grasp Motors Daimler and BYD Auto have a three way partnership known as Denza , both corporations maintain a 50-50% stake.
President Dwight Eisenhower signed Federal-Aid Freeway Act into law in 1956, establishing the U.S interstate system and the Federal Highway Administration, and the U.S. automotive business continued to thrive throughout the 1950s and 60s (, 2011).
The European industry was transferring in the same instructions as the American industry, toward a mass market for motor vehicles, nevertheless it made slower progress for a variety of causes: decrease residing standards with much less buying energy, smaller nationwide markets, and more restrictions in tax and tariff insurance policies.