South America

VW may open planning center in Brazil to revive sales

July 25, 2014 10:07 CET
VW Group is mulling a planning center in Brazil. It would be part of the automaker's 3.6 billion euro ($4.85 billion) investment in new models, plants and technology for the country through 2018, sources said....
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GM may put Brazil workers on paid leave

9:21 pm U.S. ET | July 24, 2014
GM wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union says, amid falling output in Latin America's largest economy....
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Mexico projected to surpass Brazil as top Latin American vehicle producer

12:01 am U.S. ET | July 8, 2014
Mexico is poised to overtake Brazil as the top Latin American automobile producer for the first time in more than a decade as surging exports to the U.S. spur factory openings and record output....
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Fiat Chrysler will achieve 2014 targets despite weak Europe, difficult Brazil, Marchionne says

June 13, 2014 15:53 CET
Fiat Chrysler CEO Sergio Marchionne said the company will meet its 2014 targets even though Europe shows no sign of improvement and the Brazilian car market will remain difficult....
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Brazilian Bronco?

12:01 am U.S. ET | June 9, 2014
Ford's Troller T4, introduced last week in Brazil, looks like a mixture of a Land Rover Defender, Jeep Wrangler and Suzuki Samurai....
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Fiat to get Mitsubishi pickup, sources say

12:01 am U.S. ET | June 9, 2014
Fiat will team up with Mitsubishi to add a long-promised large pickup to its lineups in Europe and Latin America....
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Ford expects 'significant' Q2 loss in South America

3:24 pm U.S. ET | June 5, 2014
Ford expects to incur a "significant" loss in South America in the current quarter mainly due to low sales volumes and changes to Venezuela's foreign exchange rate....
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GM to start exporting cars from India in 2nd half of year

9:23 am U.S. ET | May 28, 2014
General Motors will start exporting vehicles from India in the second half of the year, aiming to ramp up local capacity utilization rates amid a slowdown in the domestic auto market....
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VW CEO Winterkorn pledges growth in U.S., Brazil

May 13, 2014 12:24 CET
Volkswagen CEO Martin Winterkorn said the automaker will redouble efforts to boost flagging sales in the United States as well as grow in Brazil as VW chases Toyota's global sales lead....
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Who will build the new Jeeps?

12:01 am U.S. ET | May 12, 2014
When the Allied armies won World War II overseas, they did so in a Jeep....
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Rolls-Royce recruits former Chery executive

May 9, 2014 06:01 CET
Rolls-Royce named Brett Soso, a former executive at China carmaker Chery, as regional director for the Middle East, Africa and South America....
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BMW joins Mercedes defying Brazil auto-market decline

April 29, 2014 06:01 CET
Brazil's anemic auto market is getting a boost from affluent motorists buying Mercedes and BMW cars. The premium segment grew 32 percent in the first quarter amid total vehicle sales that fell 5 percent....
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VW to lay off 900 workers in Brazil

April 25, 2014 07:33 CET
VW will lay off about 900 workers at two Brazilian plants in response to sluggish demand for cars in Latin America's largest economy....
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GM's global sales rise 2% to 2.42 million in Q1

4:19 pm U.S. ET | April 17, 2014
General Motors said global vehicle sales rose 2 percent during the first quarter. Increasing deliveries in China helped make up for declines in the United States and Brazil....
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Renault invests 240 million euros in Brazil

April 17, 2014 17:26 CET
Renault will invest 240 million euros ($331 million) to build additional vehicle models and a new logistics centre in Brazil....
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Ghosn sees 'bright spots' for carmakers as Europe revives

April 16, 2014 07:23 CET
Global carmakers will see rising demand this year as sales in China and the United States expand and Europe starts to grow again, Renault-Nissan CEO Carlos Ghosn said....
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Chrysler to take $130 million charge in first quarter due to Venezuela

4:25 pm U.S. ET | April 11, 2014
A change in the way it measures currency in Venezuela will cause Fiat Chrysler Automobile's Chrysler Group LLC unit to take a $130 million charge in its first quarter, Chrysler said today in a filing with federal regulators....
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PSA and Dongfeng may cooperate in Russia, Brazil

March 28, 2014 11:20 CET
Dongfeng Motor Chairman Xu Ping said his company's cooperation with PSA could be expanded to include Brazil and Russia, two regions where the French automaker must improve its financial performance....
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GM stock drop shows Barra's challenges go far beyond recalls

10:13 am U.S. ET | March 26, 2014
Less than three months into her tenure as GM CEO, Mary Barra has more than recalls to worry about. Her challenges also include stemming losses in Europe, navigating currency fluctuations in South America, buffering VW's advances in China, and managing a slow start to 2014 sales in the United States where a bitterly cold winter hamstrung retail activity....
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Volkswagen seeks clarification over Hyundai World Cup promotion

March 13, 2014 17:08 CET
Volkswagen, the sponsor of Brazil's soccer team, has contacted the country's soccer federation for clarification over a promotion by Hyundai linked to the team's performance at this year's World Cup....
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Fiat-Chrysler expects new plant to boost Brazil profitability

March 7, 2014 10:18 CET
Fiat Chrysler Automobiles expects a new plant in Brazil to boost its profitability in that market by 2017 after a cut to subsidies and currency effects hit profits there last year....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ford tweaks India-built EcoSport for Europe

Feb. 11, 2014 08:05 CET
Ford has tweaked the EcoSport subcompact SUV for European markets as it hopes the model will help it return its operations in the recession-hit region to profit by 2015....
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China's Guangzhou plans to assemble cars in Russia

Jan. 29, 2014 13:17 CET
China's Guangzhou Auto will start assembling vehicles in Russia and Iran using complete knockdown kits shipped from China. The move is part of a wider plan to push into emerging markets this year that includes the start of vehicle exports....
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Lexus tiptoes into worldwide markets

12:01 am U.S. ET | Jan. 27, 2014
The Lexus brand has spread its wings in more than 90 countries worldwide. But that expansion is bringing new questions to resolve....
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Lexus exec sees more gains in U.S., emerging markets

1:31 pm U.S. ET | Jan. 15, 2014
Lexus aims to grow as much as 10 percent annually for the next 30 years as it expands in the United States, its biggest market, as well as in emerging markets from Asia to South America....
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