Brazil
Industry
German automobile manufacturer Daimler AG announced that its Mercedes-Benz unit will increase its production of trucks, buses and auto accessories in Brazil. The expansion will entail...
2008-08-12Companies
Japanese automotive manufacturer Toyota's trading company, Toyota Tsusho Corp, revealed its plans to build an ethanol mill in partnership with Brazilian oil giant Petrobras. A local...
2008-08-05Industry
Ssangyong, the South Korean unit of China's Shanghai Automotive Industry Corp. (SAIC), has seen overall vehicle sales plunge by as much as 26% year-on-year (y-o-y), with last month's...
2008-07-28Industry
German automaker Volkswagen (VW) has disclosed that it has no plans to sell its Brazilian truck operations to truck maker MAN. The German truck maker had reportedly been considering...
2008-07-21Companies
Heavy local demand in Brazil has lured US automaker General Motors Corp. (GM) to expand two of its production facilities in the country. The carmaker has announced an investment of...
2008-07-02Industry
Carmakers are increasingly trying to capture a larger market share in the Brazilian industry and new models seem to be the solution for it. Japanese manufacturer Toyota is currently...
2008-06-27Industry
Honda's automobile production and sales subsidiary in Brazil, Honda Automoveis do Brasil Ltda (HAB) has reached the 500,000 units cumulative automobile production milestone. The production...
2008-06-24Industry
With strong sales of 1.15m units in the first five months of 2008, Brazil's auto industry ranks as the world's fifth largest market, ahead of France, Italy and the UK. The boom in...
2008-06-16
