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- BMW picks Sao Paulo for first Latin America plant, report says
BMW will pick Sao Paolo, Brazil's biggest city, as the site for its first car assembly plant in Latin America, German business daily Handelsblatt reported on Wednesday.
Переслать - Honda to cut exports from Japan 50% over next decade
Honda will halve exports of vehicles made in Japan over the next 10 years to tackle the rising yen, a newspaper reported on Wednesday, citing an interview with the automaker's chief executive.Переслать - Ford's labor costs expected to rise about 1%, UAW says
Ford's overall hourly labor costs are expected to rise about 1 percent annually under its tentative four-year contract with the UAW, union President Bob King said today.Переслать - Chevy Sonic poised to bungee jump, skydive in marketing rollout
GM will have its new subcompact Chevrolet Sonic bungee jump and skydive in an advertising campaign launching on Oct. 15 in an effort to reorient the brand to appeal to younger U.S. buyers.Переслать - Ford kills Escape Hybrid, adds two EcoBoost engine options
Ford's redesigned 2013 Escape crossover, due in early 2012, will lose its V-6 engine and hybrid-powertrain versions, the automaker said today. Instead, the next generation Escape will have three engine options, all of them four-cylinders.Переслать - Unrealistic consumer expectations dog EVs, study says
Consumer expectations of electric vehicles are so unrealistic that automakers are unlikely to satisfy them anytime soon, a study released today by consulting firm Deloitte concludes.Переслать - Highlights of tentative UAW-Ford labor deal
A tentative deal between Ford and the UAW offers a richer payout for Ford's 41,000 workers than the newly ratified contract at General Motors. The UAW expects ratification of the Ford deal by Oct.Переслать - GM juices Equinox, Terrain production -- again
GM is taking more steps to hike output of the Chevrolet Equinox and GMC Terrain at the Canadian assembly plant that makes the popular crossovers.Переслать - Fiat quits Italian business group over labor reform deal
Fiat will quit Italy's leading business association, Confindustria, on Jan. 1, 2012, CEO Sergio Marchionne said in a letter to the association.Переслать - Automakers trimmed September U.S. incentives 3.5%
Automakers, while beating estimates for industry sales, reduced spending on incentives for U.S. customers in September by 3.5 percent to an average of $2,653 per vehicle, according to Autodata Corp.Переслать
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