Americas

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.

BMW Opens Mexico Assembly Plant as Tariffs Loom

June 07, 2019 at 2:19 AM

BMW AG formally opened a factory in Mexico to make its best-selling 3 Series sedans for North American market and more than 40 other markets worldwide.

Report: U.S. May Delay Tariffs on Mexican Goods

June 06, 2019 at 4:17 PM

The White House could delay President Donald Trump’s threat to impose tariffs on Mexican goods beginning Monday, sources tell Bloomberg News.

DiDi Chuxing Launches Ride-Hailing Service in Latin America

June 06, 2019 at 12:34 AM

China’s DiDi Chuxing Technology Co. has begun offering its ride-hailing service in Chile and Colombia as it pushes into Latin America.

Republican Party Backlash Grows Over Trump’s Mexico Tariff

June 05, 2019 at 12:42 AM

Several Republican senators warned the White House yesterday that President Donald Trump can expect diminished support at best for his plan to launch a 5% import tax on Monday for goods from Mexico.

Trump Charges Ahead with Timetable for Mexico Tariff

June 04, 2019 at 1:25 PM

President Donald Trump reiterates his determination to levy a 5% import tariff on all goods from Mexico beginning June 10, regardless of negotiations to avoid the levy.

Mexico Vows to Avoid U.S. Trade War Over Migrants

June 03, 2019 at 12:20 AM

Mexico's president says his country is willing to avoid a trade war by tightening controls over migrants seeking asylum in the U.S.

BMW’s New Factory in Mexico Faces Trump Tariff Hit

May 31, 2019 at 4:47 PM

BMW AG is formally launching its $1 billion factory in San Luis Potosi, Mexico, next week, just ahead of a threatened 5% U.S. tariff on the cars it makes.

FCA Targets Growth in Brazil

May 23, 2019 at 9:26 AM

Fiat Chrysler Automobiles NV is expanding production capacity in Brazil and plans to launch 25 new, freshened or specialty models in the country through 2024.

Scania to Spend $344 Million on Truck Plant in Brazil

May 22, 2019 at 12:18 AM

Volkswagen Group’s Scania commercial truck unit says it will spend 1.4 billion reais ($346 million) to update its commercial truck plant outside Sao Paulo, Brazil.