Industry Developments

German automotive manufacturer Volkswagen (VW)'s Mexican subsidiary has expressed concerns that it may fall short of its production target in Mexico. Despite achieving a 17.2% year-on-year... 2008-10-09

As election campaigning reaches its final stages in Canada, the government has pledged to further support the beleaguered auto industry with additional injections of US$50mn per year... 2008-10-09

US automotive component manufacturer Delphi has filed a new restructuring plan, after failing to find an investor to back its original plan. The new plan, filed almost three years... 2008-10-08

Japan's Mitsubishi Motors has reached a new labour agreement with the United Autos Workers union (UAW), which will see the life of its production plant in Normal, Illinois extended... 2008-10-07

General Motors has revealed that a production plant in Ohio, scheduled to close in 2010, will now be shuttered by the end of the year. The plant produces the Chevrolet Trailblazer,... 2008-10-06

US electric vehicle (EV) manufacturer ZAP has recently announced plans of setting up an EV plant in Uruguay, a move which was welcomed by the Uruguay government. An acre of land within... 2008-10-03

Local industry sources report that the future of the used vehicle segment in the Tacna region is currently being debated by congressional representatives in Peru. The debate is around... 2008-10-01

Japanese commercial vehicle manufacturer Hino has indicated that the company will begin assembling trucks in Colombia as a part of a US$20mn project with Japanese company Mitsui and... 2008-09-30

The decline in the US automotive market has prompted Japanese component supplier Denso to rethink its earnings forecast for the current financial year ending March 2009. A shift in... 2008-09-30

Swedish truckmaker Scania has received an order for the delivery of some 260 tipper trucks to Brazil's largest engineering and construction company, Odebrecht. The delivery is been... 2008-09-29