GM plans to announce $1 billion in U.S. investments, creating 1,000 jobsMon, 16, Jan 2017
General Motors, days after being called out by President-elect Donald Trump for expanding operations in Mexico, plans to announce U.S. investments totaling at least $1 billion that would create more than 1,000 jobs, two people with knowledge of the plan said late Monday.
Trump team signals auto border tax also could hit CanadaFri, 13, Jan 2017
The Trump administration is signaling Canada could face the same retaliatory trade measures as Mexico, in what would be an even bigger disruption to automakers such as Toyota and Fiat Chrysler Automobiles.
Ford owes suppliers payouts after Mexico car plant abortedThu, 12, Jan 2017
Toyota plans to invest $10 billion in U.S. over five yearsMon, 09, Jan 2017
Toyota plans to invest $10 billion in the U.S. over the next five years, the same as in the previous five years, North America CEO Jim Lentz said on Monday, to meet demand and upgrade plants to build more fuel-efficient models.
Trump praises Ford, Fiat for U.S. investmentsMon, 09, Jan 2017
Mexico reinstates official to deal with TrumpMon, 09, Jan 2017
A Mexican official who resigned in disgrace over a clumsy outreach to Donald Trump last summer is now back as the point man in the Mexican government's effort to stabilize the high-stakes relationship with the U.S.
Ford's reversal on Mexico plant spooks suppliersFri, 06, Jan 2017
Ford's abrupt move to scrap a planned $1.6 billion car plant in central Mexico has spooked a network of suppliers who bet on a growing customer base and dramatized the risk that Donald Trump's agenda poses to the country's broader economy.
As Trump targets Toyota over Mexico, Nissan faces bigger riskFri, 06, Jan 2017
U.S. President-elect Donald Trump has threatened Toyota over its Mexican-built cars, but the biggest risk from a punitive tariff would be for its compatriot Nissan, the largest automaker operating in the country.
Toyota defended by Japan after Trump broadside over Mexican plantFri, 06, Jan 2017
The Japanese government defended Toyota on Friday as an "important corporate citizen" of the U.S., after President-elect Donald Trump singled out the automaker and threatened to slap punitive tariffs on its Mexico-built cars.
Nissan halts joint development of luxury cars with Daimler, report saysThu, 05, Jan 2017
Nissan is halting joint development of luxury cars with Daimler's Mercedes-Benz, sources close to the companies told Reuters, suspending a key project in their seven-year partnership and potentially hitting profitability at a new shared factory in Mexico.
Trump threatens Toyota over plans to sell Mexico-built Corolla in U.S.Thu, 05, Jan 2017
Mexico sells record 1.6 million vehicles in 2016Thu, 05, Jan 2017
Auto sales in Mexico rose 20 percent in December vs. a year earlier to 192,567 vehicles on their way to a 19 percent gain for 2016 at a record 1.6 million units, the dealers association and the industry association said in a joint statement.