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FCA’s growth plans clouded by Latin American outlook


The recently merged Fiat Chrysler Automobiles is aiming to increase sales in the Latin American region by 44% over the next five years – part of a very ambitious strategy to raise profit fivefold and jump global sales by 60%. The only problem (in this singular case, as analysts and industry observers have seen numerous other loopholes) for the Italo-American car ...
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Toyota Plans to Export the Corolla From the US to the Caribbean and Latin America
Toyota plans to begin exporting the Corolla from the US to 18 markets in the Caribbean and Latin America from 2014. The Japanese automaker said it will start manufacturing the Corolla ...
Report – Honda planning to build compact car plant in Brazil
Japan’s third largest automaker, Honda Motor Company is said to be planning an investment of 1 billion reais ($435 million), in order to build a second car factory in Brazil. According ...
Citroen C4 Sedan to be launched in Latin America
Citroen is planning to introduce the C4 Sedan to the Latin American markets, where the model should make its way onto the market over the following months. After enlightening us with ...
Fiat-Chrysler’s global sales rose 12.7 percent in January
Fiat-Chrysler increased global sales by 12.7 percent in January compared with the same month last year. The group was helped by strong sales of the Fiat brand in Brazil and Chrysler ...
Peugeot looking to BRICS countries for recovery
PSA Peugeot Citroen is looking to Brazil, China and Russia for salvation, as its heavy exposure to France, Italy and Spain has brought its finances in a disastrous state. Deeply affected ...
Mexico sets records for car production and exports in January
Mexico set auto production and export records in January, as its output of cars and light trucks rose 20 percent compared with January 2012 to 242,855 units. The Mexican Automobile Industry ...
Renault considering new plant in Venezuela
Renault is considering the possibility of building a plant in Venezuela to increase its production capacity outside struggling Europe. Renault already has three plants in Latin America, in Argentina, Brazil and ...
Rolls-Royce’s first showroom in Latin America opens in Sao Paulo
The first Rolls-Royce showroom in Latin America has opened in Sao Paulo, Brazil's largest city, on the Avenida Cidade Jardim. The showroom is operated by the Via Italia Group, Rolls-Royce Motor ...
[VIDEO] Facelifted Renault Fluence was launched in Latin America
Renault has launched the facelifted Fluence model in Latin America, where the model is coming with the “classic” changes. According to the French based automaker, the Renault Fluence facelift now has ...

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