Industry Developments

Encouraged by the high sales growth of commercial vehicles in Brazil and in other world economies, German automotive manufacturer Volkswagen (VW) has announced investments amounting... 2008-09-16

The true magnitude of the downturn in the US automotive industry has been highlighted in the fate of one model: the Chevrolet Corvette. According to Automotive News, there is no report... 2008-09-15

US automotive manufacturer General Motors (GM) seems to have been facing a series of problems in its Venezuelan production facility. The automaker's Valencia Automotive Complex, located... 2008-09-12

Ford Canada will cut at least 500 jobs by eliminating the third shift at its plant in Oakville, Ontario, as sales of the crossover vehicles built at the plant slide. The US firm will... 2008-09-11

Japanese auto manufacturer Suzuki Motor Corp has revealed its plans to resume automobile sales in Brazil from October this year. The initial sales will comprise of SUVs and other... 2008-09-10

The US trade association for car dealers, the National Automobile Dealers Association (NADA), has revealed that it will not take a stance as a body regarding potential government... 2008-09-10

Jacques Verdonck, Renault's vice-president for corporate and strategic planning, told Dow Jones at the Paris motor show that there is still a chance the French carmaker will enter... 2008-09-03

US automotive manufacturer Ford has started building its current version of the Focus model at the company's manufacturing facility in Pacheco, near Buenos Aires. The company confirmed... 2008-08-19

The Vice President of Chrysler, Tom LaSorda, confirmed that the US auto manufacturer is currently looking for a number of alliances with other global automakers. While the automaker... 2008-08-18

US carmaker Chrysler has made a more positive move in the restructuring of its North American business, with news of a US$1.8bn investment for a Detroit SUV plant. The Jefferson North... 2008-08-14