Industry Developments

After leaving its bankruptcy status behind in 2007, US automotive parts supplier Dana has shown an improvement in its performance for the first quarter of the year. Revenues were... 2008-05-16

South Korea's Hyundai Motor has put its plans to build pick-up trucks in the US on hold, as light truck sales in the country continue to tumble. Hyundai had planned to produce the... 2008-05-14

General Motors Canada has announced the closure of its transmission plant in Windsor, Ontario due to the lack of a new product to introduce at the plant. In a statement made to the... 2008-05-13

Automaker General Motors (GM) has announced its new joint venture with Isuzu Motors called GM-Isuzu Camiones Andinos de Colombia Ltda. The venture aims to strengthen the long-standing... 2008-05-13

Italian carmaker Fiat is reportedly examining Mexico for a new plant supplying the

Ford Motor Company (FMC), Brazil's fourth largest carmaker, plans to spend BRL600mn (US$357mn) to boost engine production in the South American country. The investment will allow... 2008-05-08

Renault has recently opened its sixth design centre in an elegant São Paulo City district in Brazil as a part of its burgeoning international operations. With design centres based... 2008-05-07

Fiat Powertrain Technologies (FPT), known for its unparalleled expertise in engine technologies, is now looking to launch an ethanol powered engine in Brazil by 2010. The launch aims... 2008-05-01

Venezuela Mobile (VM), the social programme that waives the VAT on certain vehicles is set to come to an end in June 2008 as the relevant tax rules expire. Although car sales have... 2008-04-24

At a time when the American Axle strike has had been taking its toll on both vehicle and fellow component manufacturers alike in North America, two parts suppliers have reported more... 2008-04-23