How is this different? Well, this blog tends to report on how things go WRONG in international markets. Here’s a video from FT.com that talks about how to get your marketing RIGHT in India: http://www.ft.com/cms/a5dd621a-e39d-11dc-8799-0000779fd2ac.html?_i_referralObject=4747400&fromSearch=n
Over the years General Motors (GM) has become China’s second largest automaker, mainly through a 50:50 Joint Venture with Shanghai Automotive Industry Corporation (SAIC). This is an achievement for which GM should command a lot of respect as joint ventures with Chinese partners have been known to be tricky at times. Now GM has just […]
German carmaker Daimler announced that it will move part of its C-class production to Alabama. Besides Germany, the C-class has already been produced in two other countries for a while – South Africa and China. The facility in Tuscaloosa, Alabama that so far has specialized in Daimler’s M-, GL- and R-class vehicles. When the production […]
Martin Coles, Starbucks’ top exec for international markets resigned and will be replaced by John Culver. This year Starbucks closed more stores than it opened, but for 2010 it looks at opening 200 new stores internationally. Given the limited success in some markets in the past (such as Austria or Australia), the hope may be […]
Here’s an older article from Businessweek. It’s not about international business failures, but the general message is very fitting: good companies embrace and learn from failure. I am just wondering if embracing failure sometimes doesn’t only promote creativity and risk-taking, but also ignorance and stupidity. That failure is tolerated could easily mean that companies don’t […]
Disney has recently announced that it’s plans to open a theme park in Shanghai’s Pudong area have received a nod from the Chinese government. It’s clear that a market as large and dynamic as the Chinese must be mouthwatering to Disney, but….! Not only are there countless stories of US-based multinationals who have found the […]
As the New York Times reports, US-based cable TV operator Liberty Global takes over Germany’s Unity Media for $3.7 bn. A case to watch.
Days after Apple’s official introduction of the iPhone in China, the media report of a rather lukewarm reception for the gadget that has been hugely successful in other countries. Where there were long lines in front of stores in the United States, employees at the Apple store in Beijing are yet waiting for the big […]
Hold the horses! Stop the presses! Forget all about my previous comments about the GM-Opel-Magna-Sbersk deal because the deal is off. GM announced that it withdraws its prior agreement under which the Austro-Canadian conglomerate Magna would have purchased Opel from it. Even insiders are still wild guessing about the true motivation for hitting the brakes. […]
With the takeover of ailing GM subsidiary by the Austrian-Canadian conglomerate Magna still not being finali, dark clouds are gathering over Germany. Volkswagen-owned Porsche is said to rethink its contracts with Magna for the production of its prestige Boxster model starting in 2010. And also BMW is expressing concerns over its relationships with Magna. As […]
Volvo of Sweden which has been owned by Ford for a number of years will be sold to a consortium led by Chinese carmaker Zhejiang Geely. It has been reported that the consortium is willing to pay about $2bn as it seeks to capitalize on the brands’ good reputation in the Chinese market. The first […]
General Motors (GM) has confirmed today that it would sell its Hummer brand to a joint venture between Chinese Sichuan Tengzhong Heavy Industrial Machinery and the Chinese Entrepreneur Suolang Duoji. It is clear why the Chinese would want the brand, but the question remains, does the world want a Chinese Hummer? True, under the current agreement, GM will […]