South America

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

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.... Read More »

 

Daimler wins as U.S. Supreme Court rejects Argentine human-rights suit

Jan. 15, 2014 10:51 CET
The U.S. Supreme Court has thrown out a case against Daimler over Mercedes's alleged collaboration... Read More »

 

Brazil auto sales down in 2013, first time in a decade

9:35 am U.S. ET | Jan. 7, 2014
Light vehicle sales in Brazil fell last year for the first time in a decade as weak consumer confidence and tighter credit weighed on the world's fourth largest car market.... Read More »

 

Brazil to slowly roll back tax breaks on cars in 2014

3:38 pm U.S. ET | Dec. 24, 2013
The Brazilian government will gradually roll back tax breaks on cars next year amid worries from producers that higher duties could hit sales in the South American country.... Read More »

 

EU launches WTO dispute against Brazil to challenge car taxes

Dec. 19, 2013 12:08 CET
The EU launched a case against Brazil at the World Trade Organization to challenge Brazil's taxes on imports ranging from cars to computers.... Read More »

 

Ford plans to launch new Ka in Europe in 2015

Dec. 5, 2013 12:42 CET
Ford of Europe plans to launch a new Ka in the region in 2015 based on the Ka Concept unveiled in Brazil last month. The five-door model will replace the three-door Ka.... Read More »

 

Jaguar Land Rover to start Brazil output in 2016

Dec. 5, 2013 22:26 CET
Jaguar Land Rover plans to build a factory in Brazil with a capacity of 24,000 vehicles a year. Production should begin in 2016.... Read More »

 

LETTER TO THE EDITOR

VW's Piech: Not a quick study

12:01 am U.S. ET | Dec. 2, 2013
Volkswagen Chairman Ferdinand Piech said he understands Europe, China and Brazil but understands the United States only "to a certain degree so far."... Read More »

 

Jaguar Land Rover plans $437 million Brazil factory, gov't sources say

Nov. 26, 2013 10:09 CET
Jaguar Land Rover will invest about 1 billion reais ($436.9 million) to build a new manufacturing plant in Brazil's state of Rio de Janeiro, three government sources told Reuters. Production at the factory, to be built in the city of Itatiaia, could begin as early as 2015.... Read More »

 

Jaguar Land Rover mulls car plant in Brazil

Nov. 14, 2013 13:25 CET
Jaguar Land Rover says it is studying the possibility of opening an assembly plant in Brazil, adding that it has ambitious plans to expand its manufacturing footprint outside the UK.... Read More »

 

Ford says Ka could build share in global markets

10:24 am U.S. ET | Nov. 13, 2013
Ford introduced the Ka Concept today in Brazil, calling it the company's first global entrant in the sub-B small car segment. Ford executives say they want the Ka to help the company grow market share in developing markets around the world. Ford is counting on the Ka to follow in the footsteps of the EcoSport subcompact crossover... Read More »

 

A gearhead takes on Ford global purchasing

Nov. 1, 2013 06:01 CET
DETROIT -- A consummate gearhead who was once a race engineer for Mario Andretti and Nigel Mansell, Hau Thai-Tang made a name for himself as chief engineer of the 2005 Ford Mustang.... Read More »

 

A gearhead takes on Ford global purchasing

12:01 am U.S. ET | Oct. 28, 2013
DETROIT -- A consummate gearhead who was once a race engineer for Mario Andretti and Nigel Mansell, Hau Thai-Tang made a name for himself as chief engineer of the 2005 Ford Mustang.... Read More »

 

Continental to concentrate more on growth opportunities outside Europe

Oct. 23, 2013 15:40 CET
Continental is banking on growth outside Europe to help offset continued weakness in the region and is investing in adding tire production capacity in fast-growing markets.... Read More »

 

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