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.
Toyota's line into Trump: Mike PenceSun, 15, Jan 2017
Ford, Mich. officials mum on incentives for Flat Rock plant investmentTue, 10, Jan 2017
Ford and Michigan officials are being tight-lipped about state economic incentives the automaker will receive for the $700 million investment in its Flat Rock Assembly Plant for future production of electrified vehicles.
GM to move GMC Terrain production to Mexico from Canada, report saysMon, 09, Jan 2017
General Motors plans to move production of its revamped GMC Terrain to Mexico from Canada and expand production of the Ingersoll, Ont., plant’s Chevrolet Equinox, reflecting the growing popularity of compact SUVs.
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
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.
Toyota, Honda await Trump policy before considering Mexico plansThu, 05, Jan 2017
The presidents of Toyota and Honda said they have no immediate plans to curb production in Mexico, preferring to wait until after Donald Trump's inauguration as U.S. president this month before deciding whether to make any changes.
Trump threatens Toyota over plans to sell Mexico-built Corolla in U.S.Thu, 05, Jan 2017
GM joint venture fined $29 million by China for monopolistic pricingFri, 23, Dec 2016
China will fine General Motors' joint venture 201 million yuan ($29 million) for monopolistic pricing, state television reported on Friday, ending speculation after an official warned of penalties against a U.S. carmaker.
Faurecia CEO eyes acquisitions to help supplier to create the 'cockpit of the future'Mon, 19, Dec 2016
Faurecia is looking to grow through acquisitions following the recent sale of its exterior parts business. The supplier is particularly interested in solutions that improve the human-machine interface because its knows that autonomous driving will dramatically change vehicle interiors. CEO Patrick Koller said.