Industry Developments

After recent announcements regarding plant closures and job cuts by General Motors (GM) and Ford, all eyes now turn to Chrysler. The company claims its restructuring strategy, revealed... 2008-06-06

Canada's federal Finance Minister Jim Flaherty has offered General Motors Canada access to the government's US$250mn Automotive Innovation Fund (AIF), following the news of another... 2008-06-05

The success of Asian carmakers over their domestic counterparts in North America has been further driven home by record results in May for both Honda and Hyundai in Canada. Honda... 2008-06-04

As larger vehicles continue to lose ground to smaller fuel-efficient alternatives in North America, General Motors will be joining the switch with a new compact model. According to... 2008-06-03

American Honda plans to take advantage of the growing demand for small cars in the US by ramping up production of its Civic model. As fuel prices soar, so have sales of the Japanese... 2008-06-02

As a part of its recovery plan, Ford Motors is planning to build its new Fiesta subcompact at the company's Cuautitlan assembly plant in Mexico. The project entails conversion of... 2008-06-02

Italian carmaker Fiat has revealed its ambitious plans of acquiring market share of at least 15% in Latin America by 2012. Its major regions for expansion include Mexico, Central... 2008-05-29

Brazil's distributor of Hyundai and Ford Motor vehicles, Group Caoa, has confirmed it will soon start assembling the Hyundai Tucson at its Anapolis, Goias state plant in

The Canadian Auto Workers union (CAW) has now ratified the labour agreements from all Big Three carmakers, after the Chrysler and General Motors deals were agreed this week. CAW members... 2008-05-20

The United Auto Workers (UAW) union has put a proposed contract before its members from automotive supplier American Axle, which it has recommended they ratify to end a three-month... 2008-05-19