Industry Developments
Mexico
Mexican parts maker Metalsa has completed its buyout of nine manufacturing facilities of Ohio-based rival Dana in its quest to become one of the world's largest suppliers of structural...
2010-03-10United States
Hybrid and diesel vehicles are increasing in popularity in the US despite higher prices compared with gasoline-fuelled cars. This could lead to a potential 49% market share for alternative...
2010-03-09Brazil
German truck maker Mercedes-Benz has equipped itself for a 15% increase in its production capacity, to 75,000 units, at its São Bernardo do Campo facility in Brazil, after receiving...
2010-03-08United States
US light vehicle sales dropped 3.7% month-on-month (m-o-m) in February 2010 to 10.4mn units annually on the back of heavy snowstorms and Japanese carmaker Toyota Motor's recall of...
2010-03-04United States
A potentially dangerous power steering flaw forced US-based General Motors Company (GM) to voluntarily recall 1.3mn vehicles across North America on March 1 after a year-long federal...
2010-03-03India
India's Tata Motors will start production of its ultra-low-cost Nano model in Mexico in partnership with local manufacturer Grupo Autofin from 2012, representatives from the Mexican...
2010-03-03United States
After being one of only three brands to achieve positive sales growth in the US in 2009, South Korean carmaker Kia Motor is looking to almost double growth and raise its market share....
2010-02-26China
General Motors Company (GM) has almost completed the divestment of four brands to be cut loose under its restructuring, following the news that it will discontinue the Hummer SUV...
2010-02-25
