NEWS

Suzuki to Quintuple Local Capacity in Myanmar

4/6/2015

Suzuki Motor Corp. has acquired a 49-acre site near Yangon, Myanmar, to build a second assembly plant in the country that will multiply its local capacity by a factor of five.

Report: Mercedes Plans Rivals to Audi TT, Porsche Panamera

4/6/2015

Daimler AG's Mercedes-Benz unit is pondering the addition of a sports car to rival the Audi TT and a performance sedan to compete with the Porsche Panamera, according to Germany's Auto Motor und Sport.

Federal-Mogul Launches “Garage Guru” Tech Training Program

4/6/2015

Federal-Mogul Holdings Corp. is opening four regional centers in the U.S. to train independent auto service writers, technicians and shop owners on the intricacies of today's complex vehicles.

Toyota to Hike U.S. Output of Tacoma Pickups, Highlander SUVs

4/6/2015

Toyota Motor Corp. is adding a third shift this month to boost output of Tacoma pickup trucks in Tijuana, Mexico, by more than 50% to nearly 110,000 units, Automotive News reports.

Ghosn: Nissan Needs More Capacity in N. America

4/6/2015

CEO Carlos Ghosn says Nissan Motor Co. will need to increase local output in North America to meet demand and reach its sales goal of capturing 10% of the U.S. market by 2017.

UPDATE: Toyota will Spend $1.3 Billion to Open Factories in China, Mexico

4/2/2015

Toyota Motor Corp. is ending its three-year freeze on new production capacity with investments totaling 150 billion yen ($1.3 billion) for new factories in China (100,000 units) and Mexico (200,000 units), sources tell Reuters.

Ford Venture in China Buys Unused Auto Plant

4/2/2015

Ford and partner Chongqing Changan Automobile Co. have spent 6.6 billion yuan ($1.1 billion) to acquire an idled auto assembly plant from Harbin Hafei Automobile Group Co., a unit of Chongqing Changan.

Car Sales Grow 9% in Germany

4/2/2015

Retail passenger-vehicle sales in Germany climbed to 323,000 units last month from 296,300 in March 2014, according to KBA, the country's motor transport authority.

Georgia Jury Awards $150 Million in Jeep Fuel Tank Fire

4/2/2015

A jury in Georgia has ruled that Fiat Chrysler Automobiles NV must pay a family $150 million for the death of their 4-year-old son in a fiery Jeep Grand Cherokee crash.

Alfa Romeo to Add Sedan, SUV in U.S.

4/2/2015

Fiat Chrysler Automobiles NV tells Automotive News it will expand its lineup in the U.S. with a D-segment SUV early next year and a D-segment sedan several months later.