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US: Subaru waits Toyota’s decision on production plans


Fuji Heavy Industries automotive subsidiary, Subaru, was the biggest gainer in terms of US market share last year and is now waiting for Toyota to decide on their continued use of the Indiana plant that builds Camry sedans. As demand for Subaru all wheel drive models last year jumped 26% and this year in the first quarter by a further 21 ...
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Renault to further invest in Brazil
The French automaker seeks to augment its presence in Brazil through a 240 million euros investment that would aid in locally building more models and open a new logistics unit. According ...
Report: Renault could reduce its workforce at French factory
France’s second biggest automaker, Renault, is considering – according to a report from French business daily Les Echos – the move to stop one of the two shifts it has ...
US: Volkswagen plant expansion talks halted
After a stint with the vote that called the workers at Volkswagen’s Chattanooga, Tennessee plant to decide if they want a UAW affiliation, expansion talks have grinned to a halt. The ...
BMW close to deciding on second North American factory
The No.1 premium brand in the world aims to set up a second factory in the North America region to meet increased demand in the region and fight back the ...
Magna ready to produce new electronics at expanded Toronto plant
Magna International, among the biggest auto parts producers in the world has announced it concluded an investment of 1.5 million Canadian dollars ($1.37 million) in a plant located in the ...
Mitsubishi Plans to Buy Ford Plant in Philippines
According to the Nikkei newspaper, Mitsubishi will buy Ford's auto plant in Philippines for a price between $97 million and $147.7 million. Mitsubishi Motors, which plans to expand in Southeast Asia ...
Japanese automakers investments in Mexico also bring the Japanese banks there
Honda and Nissan seem ready to make Mexico become the largest exporter of autos to the neighboring US, giving the Japanese banks also a chance to enter the country’s market. The ...
Hyundai to make big trucks in China
The South Korean automaker announced in a statement that it intends to join rival truck makers Daimler and Volvo AB in locally manufacturing heavy-duty trucks in China. While China is the ...
US: Chrysler adds part-time employees at Toledo plant
Thanks to great sales and demand for two of Jeeps cars – the Wrangler and the new Cherokee – the automaker has decided to add 1,000 part-time employees to its ...

latest automotive news
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