Americas

Uber Buys Latin American Delivery Service

October 11, 2019 at 3:38 PM

Uber Technologies Inc. is acquiring majority ownership in Cornershop, a startup grocery delivery service based in Santiago, Chile.

GM’s Strike-Related Layoffs in Mexico Top 6,400

October 08, 2019 at 1:29 AM

General Motors Co. has laid off more than 400 workers at an engine and transmission plant in Mexico because of the strike against its U.S. facilities by the United Auto Workers union.

Former BorgWarner Exec Joins ZF Board

October 01, 2019 at 11:46 AM

ZF Friedrichshafen AG has appointed Martin Fischer to its management board to oversee safety systems, electronics and advanced driver assist systems in the Americas.

Brazilian Lithium Supplier in Talks with EV Makers

September 13, 2019 at 4:43 PM

Brazilian startup company Sigma Lithium Resources Group  says it is in talks with BMW, Tesla and Volkswagen about supplying lithium for electric vehicle batteries.

Honda Relocates HR-V Output in Mexico

September 13, 2019 at 10:18 AM

Honda Motor Co. says it will move Mexican production of its HR-V small crossover next spring from El Salto, Jalisco, to Celaya, Guanajuato.

Mazda to Build CX-30 Crossover in Mexico

September 11, 2019 at 5:59 PM

Mazda Motor Corp. plans to build the upcoming CX-30 compact crossover at its factory in Salamanca, Mexico.

Brazil’s CAOA May Buy Ford Factory

September 04, 2019 at 12:03 AM

CAOA—the Brazilian carmaker, Ford dealer and importer of Hyundai and Subaru vehicles—has reached a tentative deal to buy Ford Motor Co.’s assembly plant in Sao Bernardo do Campo, Reuters reports.

VW Confirms Brazilian-Developed Small Crossover

September 03, 2019 at 4:32 PM

Volkswagen AG says it will launch a compact crossover vehicle in South America next year.

VW to Invest $577 Million in Brazilian Factory

August 29, 2019 at 4:06 PM

Volkswagen AG plans to spend 2.4 billion reais ($576 million) to upgrade its Sao Bernardo do Campo plant in Brazil, according to Sao Paulo’s governor.

Honda to End Carmaking in Argentina Next Year

August 13, 2019 at 4:58 PM

Honda Motor Co. says it will stop making cars in Argentina next year and convert its factory there to a motorcycle plant.

BP Forms Ethanol JV in Brazil

July 29, 2019 at 10:29 AM

Oil and gas giant BP plc and New York-based agricultural commodities business Bunge Ltd. are combing their ethanol and sugar operations in Brazil.

EU Cinches “Historic” Trade Pact with South America

June 28, 2019 at 5:39 PM

The European Union and Mercosur, South America’s trade powerful economic bloc, have completed a broad bilateral trade agreement to lower or remove tariffs in both directions.