Americas

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.

Renault Readies Expanded Crossover Lineup in Brazil

November 08, 2016 at 1:34 PM

Renault SA is finalizing plans to broaden its product lineup in Brazil with three crossover models next year.

Nissan Phases Out Production of Ancient Tsuru Sedan in Mexico

October 27, 2016 at 12:23 AM

Nissan Motor Co. says it will end production in May of the Tsuru, an entry-level sedan the company has been producing in Mexico since the early 1980s.

Honda Sketches Crossover for South America

October 18, 2016 at 8:26 AM

Honda Motor Co. has released a sketch of its WR-V concept crossover vehicle that will be unveiled next month at the Sao Paulo auto show.