Americas

Mexico’s Auto Exports Drop 16%

May 09, 2016 at 5:44 PM

Exports of Mexican-made vehicles dropped to 197,000 cars and light-duty trucks in April from 233,500 units a year ago, the Mexican Automotive Industry Assn. (AMIA) reports.

Brazil’s Vehicle Market Shrank 28% in First Quarter

April 14, 2016 at 1:27 AM

Demand for new cars and trucks in Brazil plummeted to 481,300 units in the first quarter of 2016 from 674,300 in the same period last year, according to industry group ANFAVEA.

FCA to Source New Jeep from Mexico

April 11, 2016 at 1:09 AM

Fiat Chrysler Automobiles NV will supply the U.S. market with the replacement for its Jeep Compass and Patriot small SUVs from its factory in Toluca, Mexico, according to Automotive News.

FCA Plans $500 Million Update to Plant in Argentina

April 06, 2016 at 10:51 AM

Fiat Chrysler Automobiles NV is investing $500 million to prepare its assembly plant in Cordoba, Argentina, for an undisclosed new model to be sole-sourced there, Reuters reports.

UPDATE: Ford Confirms $1.6 Billion Plant in Mexico

April 06, 2016 at 1:00 AM

Ford Motor Co. confirms it will spend $1.6 billion to build a new small-car assembly plant in San Luis Potosi, Mexico.

Mexican State Seeks Break on “Excessive” Incentives for Kia Factory

April 05, 2016 at 1:06 AM

The Mexican state of Nuevo Leon says it is within days of resolving efforts to ease tax incentives that two years ago helped convince Kia Motors Corp. to erect a $1 billion plant there.

Mercedes Begins Car Production in Brazil

March 24, 2016 at 12:32 AM

Daimler AG has begun building C-Class Mercedes-Benz luxury sedans at its new factory in Iracemapolis, Brazil.

Honda Delays Plant Opening in Brazil

March 23, 2016 at 6:49 PM

Honda Motor Co. says it will delay plans to open an assembly plant in Itirapina, Brazil, until the country’s economy stabilizes.

Toyota Will Unveil Next-Generation Manufacturing System in Mexico

March 07, 2016 at 12:30 AM

The factory Toyota Motor Corp. plans to open in Guanajuato, Mexico, in 2019 will debut a dramatically new way of making vehicles, according to Executive Vice President Didier Leroy.

Brazil’s Economy Shrinks 3.8%

March 03, 2016 at 6:11 PM

Brazil’s gross domestic product contracted 3.8% in 2015, the biggest reported decline to date among the world’s major economies, says the government’s IBGE statistics bureau.

GM May Suspend Expansion in Brazil

February 22, 2016 at 12:27 AM

General Motors Co. will reevaluate previous plans to invest in Brazil if the country’s political and economic climates don’t improve in 6-12 months, President Dan Ammann tells Estado de S. Paulo.

Brazil, Argentina Agree to Pursue Free Trade on Cars

February 19, 2016 at 12:11 AM

Trade ministries in Brazil and Argentina have agreed to cautiously move toward the free trade of cars between their two countries.