Industry Developments

German automaker Volkswagen's AG has revealed its intentions of setting a new production record in its Mexican plant in Puebla. VW's Puebla plant is working on achieving the production... 2008-07-04

Ontario-based automotive supplier Progressive Moulded Products has become another victim of the fallout from the restructuring of the Big Three carmakers. After entering bankruptcy... 2008-07-04

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... 2008-07-02

Following the news that GM and Ford are planning to reduce their production in North America, Chrysler has shown that it is also suffering from excess inventories. The company has... 2008-07-01

Boston-based Mascoma Corp has announced plans to build a US$250mn plant in Michigan's Upper Peninsula, for the production of ethanol from wood chips. Mascoma, which will team up with... 2008-06-30

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... 2008-06-27

After Argentina has shown clear signs of recovery from its 2001-02 economic crisis, car manufacturers seem to be resuming their business in the country. Italian car manufacturer... 2008-06-26

The performance of the Asian carmakers in the US has acted as a barometer for the state of the industry in recent years. Even as total industry sales fell, the Japanese and Korean... 2008-06-25

Clearing all doubts about Chery's possible entry to North America, the Chinese carmaker has revealed that the small-car will go on sale in Mexico towards the end of 2008 under the... 2008-06-24

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... 2008-06-24