Industry Developments

An outstanding example of increased globalisation can be seen in US automaker General Motors' (GM) recently announced plans to export Chinese-made mini-commercial vehicles to Peru.... 2008-07-18

Continental Tire North America, a US-based subsidiary of German automotive supplier Continental AG, has announced investment of around US$60mn over the next three years for its production... 2008-07-17

German carmaker Volkswagen is set to recommence production in North America, after choosing Chattanooga, Tennessee as the location for its new US$1bn factory. The company spent a... 2008-07-16

Japan's Toyota is making one of the biggest commitments to a change in product strategy seen in the US automotive market yet. As sales of pick-up trucks and SUVs continue to fall... 2008-07-11

US carmaker General Motors (GM) is looking to accelerate development work on its Chevrolet Volt electric car to detract from its poor sales performance for the year so far, according... 2008-07-09

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