Industry Developments

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

The Canadian Auto Workers union (CAW) has announced that a General Motors (GM) plant in Oshawa, Ontario will produce hybrid versions of the Chevrolet Silverado and GMC Sierra pick-up... 2008-06-23

Car sales in Venezuela dipped by almost 41.4% year-on-year (y-o-y) in May as a result of the government's quota restrictions of a maximum of 219,000 imported vehicles, including motorbikes... 2008-06-18

The third largest carmaker in the US, Chrysler LLC has announced plans to lift its global sales through aggressive expansion in Eastern Europe, China and other potential Asian markets.... 2008-06-17

German carmaker BMW is undeterred in its plans to invest heavily in the US, despite the credit crunch and escalating prices for raw materials and fuel. The BMW group opened an extension... 2008-06-17

General Motors' (GM) production plant in Mexico is undergoing radical changes as the plant prepares for the production of new global vehicles for the company. The production capacity... 2008-06-17