Americas

Car Sales in Mexico Drop 7%

March 19, 2018 at 5:04 PM

New-car sales in Mexico sagged 7% to 109,500 units in February, the Mexican Assn. of Automobile Distributors (AMDA) reports.

Mexico’s Car Production Climbs 14% to New High

February 12, 2018 at 2:30 PM

Mexico’s auto industry produced a record 3.93 million vehicles last year, according to updated figures from the Mexican Automotive Industry Assn.

PSA Ponders S. American Partnership, Warns on U.K. Plant

January 18, 2018 at 5:30 PM

PSA Group CEO Carlos Tavares tells reporters in Detroit he is “very open” to forming an alliance to serve the South American market, Reuters reports.

Chassis Brakes International Opens Mexico Plant

January 09, 2018 at 3:17 PM

Eindhoven, Netherlands-based Chassis Brakes International (CBI) is opening a plant in Queretaro, Mexico, to supply brake calipers and rotors to two unnamed carmakers.

Car Sales Plunge in Mexico

January 04, 2018 at 3:41 PM

Demand for new cars in Mexico plummeted 18% to 158,700 units in December, according to the Mexican Automobile Distributors Assn. (AMDA).

Mexico Sets New Auto Production, Export Highs

December 07, 2017 at 2:49 AM

Mexico’s auto industry has already surpassed last year’s totals for the production and export of cars and light trucks, according to the Mexican Auto Industry Assn.

VW Vows €1.8 Billion Expansion Plan for Brazil

November 16, 2017 at 2:35 PM

Volkswagen AG says it plans to invest €1.8 billion ($2.1 billion) by 2020 to introduce 20 new models in Brazil.

VW Plans $650 Million Upgrade in Argentina

November 10, 2017 at 3:28 PM

Volkswagen AG says it will invest €560 million ($653 million) to prepare the company’s Pacheco factory outside Buenos Aires to build a new compact SUV for the region.

Mexico’s Car Production Jumps to Record High

November 08, 2017 at 4:13 PM

Local production of cars and light trucks in Mexico grew 11% to an any-month record high of 365,100 units in October, the Mexico Auto Industry Assn. (AMIA) reports.

GM Debuts Chinese-Made Chevrolet Sail Minicars in N. America

October 31, 2017 at 2:14 PM

General Motors Co. has begun supplying North America with the Chevrolet Sail supermini made by its joint venture with SAIC Motor Corp. in Yantai, China.

Toyota Rethinks Plan for New Factory in Mexico

October 24, 2017 at 5:00 PM

Toyota Motor Corp. has abandoned plans to build Corolla sedans at an annual rate of 200,000 units in the $1 billion factory it intended to open in Guanajuato, Mexico, in 2019.

Brazil’s Carmakers Foresee 10% Growth in 2018

October 10, 2017 at 2:51 AM

New-car production in Brazil will climb 10% to 3 million units next year, predicts trade group ANFAVEA.