/

Browse South America articles

Ford braces for big loss in South America


The US automaker said it’s forecasting for the second quarter big losses in its South American operations, with the key factors being Venezuela's foreign exchange rate changes and the region’s slowing sales. According to the company’s executive vice-president, Joe Hinrichs, Ford is also preparing for a full year of losses in the South American region, slated to overshadow the already bad ...
Read more

related more
spacer
spacer

More South America articles

Report – Mitsubishi could provide pick-up to Fiat
According to people familiar to the Italian automaker’s plans, Fiat plans to collaborate with Mitsubishi and offer in its line-up a big pick-up truck designed for the European and Latin ...
Report – Ford halts Venezuelan production
According to the facility’s workers, the No.2 US automaker, Ford, has decided to suspend vehicle assembly in the South American country as the lack of foreign currency prevents the plant ...
Ford concerned about 2014 profit from Argentina, Venezuela
The US automaker joined companies expressing concern that economic turmoil in Venezuela and Argentina could spell trouble for 2014 profits. Consumer prices jumped more than 50 % last year in Venezuela ...
Volkswagen delivers almost 6m passenger cars in 2013
Volkswagen has delivered almost 6 million passenger cars last year with more than 1.5 million of them finding new owners in Europe, where the situation still remains difficult. The German based ...
Venezuela wants to regulate car prices to stop inflation
In the latest move to control the highest inflation rate in the Americas, President Nicolas Maduro's socialist government issued a decree regulating the prices of used and new cars. Maduro, 51, ...
[VIDEO] New-gen Renault Logan was introduced to Brazil
Renault has introduced the new generation of the Logan to Brazil, where the cheapest version of the model has been priced from 10,643 euros. The 2014 Renault / Dacia Logan has ...
Ford thinks Europe is ready to progress again
Ford is doing very well in its North America region, but company executives are now “happy” that Ford's three other regions - South America, Asia Pacific and Africa and Europe ...
Chairman John Elkann Predicts Fiat Will Sell More Vehicles in South America Than Europe in 2013
Chairman John Elkann believes that Fiat will sell more vehicles in South America compared to Europe by the end of this year. Selling more vehicles in South America will give Fiat ...
Report – Peugeot wants to use GM alliance to gain entry in South America
French carmaker PSA Peugeot Citroen formed with GM an alliance 18 months ago, to cut down costs and share ideas and products in Europe. Now, the former are keen on ...

latest automotive news
Britain and Germany go to war
1995, the German Grand Prix at the old Hockenheimring. Damon Hill leads at the end of lap one ahead of ...
Dodge Challenger SRT Hellcat to start production this fall
Dodge has recently announced the production start of the new Challenger SRT Hellcat this fall. One of the hottest muscle cars ...
Renault Koleos to get a second generation
Renault is planning to introduce a second generation of the Koleos as the model in question is said to be ...
[VIDEO] Volvo detailing new XC90’s equipment
The Swedish based automaker Volvo has released several videos in which the equipment found on the new generation of the ...
Here’s your original Mini in Lego style
The original Mini – penned by Sir Alec Issigonis and released by the British Motor Corporation in 1959 – is ...
Smart actually plans ForTwo Cabrio, Brabus and Electric
Daimler’s brand Smart is planning to introduce Cabrio, Electric and Brabus versions of the recently unveiled ForTwo city car. The new ...
GM’s European operations managed by the new Opel Group
General Motors, which is pulling the Chevrolet brand out of Europe as part of its strategy to streamline the region’s ...
Toyota Cross Auris gets spied for the second time
Our spy photographers have managed to capture the new Toyota Cross Auris on camera for the second time as this ...
2015 Mazda2 MPS rendered
The first rendering with the 2015 Mazda2 MPS has recently hit the web and it might preview the top of ...
TechArt introduces first Porsche Macan upgrades
The aftermarket specialists from TechArt have recently announced the introduction of the first upgrades for the Porsche Macan. Porsche Macan owners ...
[VIDEO] 2015 Hyundai Sonata gets tested out by IIHS
The 2015 Hyundai Sonata has been recently crash tested by the IIHS and it managed to achieve the highest designation, ...
[VIDEO] Bentley Continental GT Speed gets tested out by Auto Express
The guys from Auto Express have recently taken out the Bentley Continental GT Speed for a spin as the model ...
NHTSA has not suffered from the GM safety mayhem
Since February, General Motors has been involved in one of the two major safety scandals in the automotive industry, with ...
Australia – Subaru XV Black Edition introduced
Subaru Australia is expanding the XV lineup by adding the Black Edition to the SUVs range where the model in ...
US electric sales continue to expand
While battery electric cars, hybrids and plug-in hybrids have not yet triggered the expected green transportation revolution; data shows the ...
Ferrari California T online configurator introduced
Ferrari has recently introduced the online configurator for the California T and now the grand tourer can be personalized by ...
Meet the one-off Jaguar F-Type R Coupe for Tour de France
Jaguar has officially unveiled a one-off F-Type R Coupe which will be used as a support vehicle for Tour de ...
US owners claim Subaru uses too much oil
Subaru of America is targeted by a potential class action suit because owners complain they were forced to pricey repairs ...