Americas

Kia to unveil plans for assembly plant in Mexico, sources say

6:14 pm U.S. ET | Aug. 26, 2014
Kia will announce plans Wednesday to construct an assembly plant in Mexico, its first in the country, according to two sources with knowledge of the matter. The South Korean automaker will build the factory in the Monterrey area of northern Mexico, a senior automotive industry source in Mexico City told Automotive News.... Read More »

 

Anti-UAW workers begin effort to create union at VW Tenn. plant

12:41 pm U.S. ET | Aug. 26, 2014
Employees at the Volkswagen AG auto plant in Tennessee are forming a union that is to include hourly and salaried workers, as a counter to the UAW Local 42 that was established last month, a leading anti-UAW worker said today.... Read More »

 

JCI, Unifor labor deal averts threat to GM output in Canada

1:09 pm U.S. ET | Aug. 25, 2014
About 300 unionized workers at a Johnson Controls interiors plant in Ontario ratified a new three-year contract, heading off a potential strike at the factory and work stoppage at General Motors' Oshawa assembly complex.... Read More »

 

Severe weather spurs auction expansion

12:01 am U.S. ET | Aug. 25, 2014
Insurance Auto Auctions Inc., which specializes in salvage vehicles and those donated to charity, has expanded its auction site outside Omaha, Neb., in response to growing volume.... Read More »

 

LINDSAY CHAPPELL

Settlement allows Mercedes to award dealership to Alabama's Saban

12:01 am U.S. ET | Aug. 23, 2014
Mercedes' plan to award a dealer franchise in Alabama to Crimson Tide football coach Nick Saban and a business partner can move forward now that litigation with a longtime Mercedes dealer there has been settled. Terms of the settlement were not disclosed on Friday.... Read More »

 

Canadian JCI workers reach tentative pact

4:37 pm U.S. ET | Aug. 22, 2014
Canadian union workers at an interiors plant that supplies General Motors' Oshawa assembly complex have reached a tentative contract agreement that could avert a strike at the supplier plant.... Read More »

 

GM opens IT center in Phoenix, plans to hire 1,000 workers

12:25 pm U.S. ET | Aug. 22, 2014
General Motors said it opened its fourth information technology center today -- this one in Chandler, Ariz., near Phoenix.... Read More »

 

Toyota to expand Highlander production in Indiana, invest $100 million

11:36 am U.S. ET | Aug. 22, 2014
Toyota said today it will spend $100 million to increase production of the Highlander crossover in Princeton, Ind. The Highlander has been bumping against its production ceiling at the Indiana assembly plant.... Read More »

 

Denso fined $2.2 million in Canada for violation of competition law

6:47 am U.S. ET | Aug. 21, 2014
Japanese supplier Denso said today it has been fined more than $2 million by a court in Canada for violation of that country's competition law in connection with sales of certain body electronic control units for motor vehicles.... Read More »

 

Canadians stretch out auto loans as debt warnings go ignored

5:34 am U.S. ET | Aug. 20, 2014
The average term of a light-vehicle loan in Canada is 69 months, close to a peak of 72 months set in the third quarter of 2013, according to J.D. Power. Longer-term car loans are leaving Canadians in debt for a longer time, analysts say. And the borrowing binge adds to signs Canadians are continuing to buy big-ticket items and tuning out warnings about unsustainable debt growth.... Read More »

 

Supplier Dayco names John Bohenick CEO

11:23 am U.S. ET | Aug. 20, 2014
Automotive belt and pulley supplier Dayco Products today named John Bohenick as its new CEO. Bohenick will replace James Orchard in the position.... Read More »

 

Aisin's North American growth drives more investment, new HQ

10:51 am U.S. ET | Aug. 19, 2014
Aisin opened a new North American headquarters in suburban Detroit in July as part of the foreign subsidiary's ongoing growth stateside.... Read More »

 

Magna CEO in a shopping mood in post-Stronach era

6:54 am U.S. ET | Aug. 19, 2014
Magna International, the largest auto supplier in North America, will consider purchases of as much as $4 billion as it distances itself from debt-averse founder Frank Stronach.... Read More »

 

Mexico wants more Tier 2 suppliers

12:01 am U.S. ET | Aug. 18, 2014
Mexico's auto industry has launched a long-term effort to develop a national network of Tier 2 suppliers.... Read More »

 

Continental lures Google self-driving exec in Silicon Valley push

1:22 pm U.S. ET | Aug. 18, 2014
German supplier Continental AG is growing its Silicon Valley presence to help car companies roll out autonomous driving and other “intelligent” features over the coming years -- and it has hired one of Google's self-driving car executives to lead the effort.... Read More »

 

Russia may ban car imports if West applies new sanctions, report says

Aug. 18, 2014 11:54 CET
Russia may ban car imports if the West applies additional sanctions on Moscow over its involvement in Ukraine, a daily newspaper reported.... Read More »

 

Saleen, bullish on EVs, reinvents Tesla Model S

4:19 pm U.S. ET | Aug. 17, 2014
Saleen Automotive pushed in a new direction with the unveiling of its first electric car, the 4Sixteen, based on the Tesla Model S. And the company's founder and CEO, Steve Saleen, says it has him sold on electric cars.... Read More »

 

Detroit-area dealers struggle with submerged autos, trapped customers

10:00 am U.S. ET | Aug. 16, 2014
As the rain fell last Monday afternoon, Pat Presutti, new-car sales manager at Jim Riehl's Friendly Chrysler Jeep in suburban Detroit sent a porter out to check the water level in the back lot where nearly 100 cars were parked. It was only about a half inch deep, but by early evening, dumpsters were floating around in the car lot.... Read More »

 

LINDSAY CHAPPELL

Why Americans are rediscovering Italian cars

8:52 am U.S. ET | Aug. 16, 2014
Ferrari, Lamborghini, Maserati, Alfa Romeo, Pagani, Zagato -- those luminary Italian brands barely add up to a percent of a percentage point worth of sales in America. But oh, the mystique.... Read More »

 

Aston Martin's U.S. stores at risk due to new crash rule, dealer says

Aug. 15, 2014 10:45 CET
Aston Martin stores in the United States will become unprofitable and could be forced to close if the sports-car maker cannot get an exemption for two of its models from tougher new crash standards, a top dealer said.... Read More »

 

BMW hanging on to 30th anniversary M5

11:21 am U.S. ET | Aug. 15, 2014
For all the BMW collectors who might want to add a limited-edition 30th Anniversary M5 to the portfolio, good luck. Just one model remains unsold in the United States as of today, and BMW of North America CEO Ludwig Willisch says the automaker is in no hurry to let go of it.... Read More »

 

Startup Renovo unveils $529,000 EV supercar after years of secrecy

11:00 am U.S. ET | Aug. 15, 2014
When they started their company four years ago, the founders of the Silicon Valley startup Renovo Motors saw a hole in the market for a pure electric supercar. Today they revealed their first product: the $529,000 Renovo Coupe, scheduled to launch in the United States next year.... Read More »

 

Ford to install major solar array, EV chargers at headquarters

10:01 am U.S. ET | Aug. 14, 2014
Ford is tapping DTE Energy to build a solar array at the automaker's world headquarters near Detroit. The solar array will also serve as a parking cover to 360 spaces, equipped with 30 charging stations for plug-in electric vehicles.... Read More »

 

GM to invest $2.8 billion in Brazil over five years, Barra says

12:15 pm U.S. ET | Aug. 14, 2014
General Motors will invest 6.5 billion reais ($2.8 billion) in Brazil over the next five years, CEO Mary Barra said today. She said GM remains committed to one of its most important markets.... Read More »

 

GM Tech Center nears full operation while pumps run

11:40 am U.S. ET | Aug. 14, 2014
General Motors' Technical Center is nearly back to full operations after Monday's record rainfall in Detroit caused flooding and power issues.... Read More »

 

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