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- Mexico stages comeback as hub for light vehicle output
Mexico is making a comeback as a hub of automobile manufacturing after years of losing production to Asia, as European and Japanese carmakers take on U.S. rivals and move output closer to North America.
Переслать - Gap narrows between prices of new and used cars
Record-high prices for used luxury automobiles are driving more buyers to new-car lots. BMW AG's 2011 3-Series compacts and M3 sedans now cost $34 more a month than one-year-old used models, according to Edmunds.com. General Motors Co.'Переслать - Honda plans $800M Mexico plant to build subcompacts for North America
Honda said today it will build an $800 million assembly plant in Mexico to produce subcompact vehicles for the Mexican and North American markets.Переслать - GM's Ewanick: We want to be like Apple
General Motors CMO Joel Ewanick, never one to think small, has declared his intention to transform the Detroit automaker into a company on par with the brand that Jobs built, Apple.Переслать - Chrysler rolls out 'No Payments for 90 Days' incentives
As worries grow of a second-half sales slowdown, Chrysler Group announced new incentives this week for 2011 and 2012 models.Переслать - Chrysler 'probably' won't reach Fiat 500 sales goal this year
Chrysler Group "probably" won't hit its target to sell 50,000 of the new Fiat 500 in North America this year after it took longer to open new stores than previously expected, an executive said.Переслать - GM recalls 16,000 Chevy, Buick cars in U.S. and Canada
General Motors said today it is recalling 16,198 Chevrolet Impala and Buick LaCrosse cars in the United States and Canada to address sensor and power steering problems. The company said it knew of no injuries or crashes related to the two recalls.Переслать - Upscale features will help Opel city car be profitable, GM Europe boss says
Opel expects to make a profit from its forthcoming minicar because of the model's upmarket positioning, GM Europe President Nick Reilly said. Reilly also revealed details about Opel's plans to enter the small SUV market with a Nissan Qashqai rival.Переслать - Analysts lower forecasts for U.S. light vehicle sales in 2011, 2012
Analysts, citing the cloudier outlook for economic growth in coming months, are trimming their forecasts for domestic light vehicle sales in 2011 and 2012. JD Power and Associates today trimmed its estimate for 2011 light vehicle sales to 12.Переслать
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