Americas

GM to Idle Plant in Brazil for 2 Weeks

February 02, 2017 at 1:15 AM

General Motors Co. has told workers at its assembly plant outside Sao Paulo, Brazil, that it will suspend production for two weeks beginning Feb. 13, according to the facility’s metalworking union.

Trump Threatens BMW with 35% Tax on Cars Made in Mexico

January 16, 2017 at 12:33 AM

President-elect Donald Trump tells Bild the U.S. will add a 35% border tax on any 3 Series sedans BMW AG intends to import from Mexico.

Ford May Compensate Suppliers for Abandoned Mexico Plant

January 12, 2017 at 12:11 AM

Ford Motor Co. is discussing compensation for suppliers linked to its $1.6 billion assembly plant in San Luis Potosi, Mexico, that was cancelled last week.

Car Sales in Mexico Surge to Record High

January 06, 2017 at 12:00 AM

Car sales in Mexico jumped 19% in 2016 to a record 1.6 million units, according to dealer and industry trade groups.

Trump Threatens Border Tax on Toyota Corollas from Mexico

January 05, 2017 at 5:17 PM

President-elect Donald Trump, who earlier this week warned of a “big border tax” on cars General Motors Co. makes in Mexico, has now made the same threat against Toyota Motor Corp.

Report: Nissan Drops Out of Luxury Car Project with Mercedes

January 05, 2017 at 1:24 PM

Nissan Motor Co. is abandoning plans to develop luxury vehicles jointly with Daimler AG’s Mercedes-Benz unit, sources tell Reuters.

UPDATE: Trump Threatens Import Tax on Mexican-Made GM Cruze Cars

January 03, 2017 at 1:41 PM

President-elect Donald Trump threatens to impose a “big border tax” on Chevrolet Cruze small cars made by General Motors Co. in Ramos Arizpe, Mexico.

Ford Cancels $1.6 Billion Plant in Mexico

January 03, 2017 at 12:43 PM

Ford Motor Co. says it is dropping plans to build a $1.6 billion small-car assembly plant in San Luis Potosi, Mexico.

Mexico Tops Canada in Exports to U.S.

December 06, 2016 at 3:38 PM

Mexico has surpassed Canada in the overall value of goods it ships to the U.S., according to the Dept. of Commerce.

UPDATE: PSA Expands Capacity in Argentina

December 06, 2016 at 3:04 PM

PSA Group says it will spend $320 million to expand production capacity at its Palomar manufacturing complex outside Buenos Aires, Argentina.

VW Truck & Bus to Invest €420 Million in Brazil

December 02, 2016 at 12:05 AM

Volkswagen AG's truck and bus business plans to invest about €420 million ($448 million) over the next five years to update its truck plant and commercial vehicle product lineup in Brazil.

Ford Says a Trump Tariff Won’t Alter Mexico Plans

November 16, 2016 at 1:34 AM

Ford Motor Co. CEO Mark Fields tells reporters the company won’t reduce its investment plans in Mexico even if president-elect Donald Trump makes good on his threat to impose a 35% import tariff on vehicles made there.