North America

THE SSR MVP

How an oddball Chevy transformed a Houston dealership

12:01 am U.S. ET | April 18, 2015

More than a decade after General Motors launched the Chevrolet SSR, most people still aren't sure what to make of the retro-styled, high-performance roadster pickup. Paul Peebles has managed to make a thriving business out of it....
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Ford to spend $2.5 billion on new Mexico engine, transmission operations

1:08 pm U.S. ET | April 17, 2015

Ford, confirming reports from earlier this week, will spend $2.5 billion to build a new generation of fuel-efficient engines and transmissions in Mexico, creating 3,800 jobs. The company will build a new engine line within its engine plant in the northern state of Chihuahua. The company will also build a transmission plant in the central state of Guanajuato....
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Volvo narrows choices for U.S. plant to S. Carolina, 2nd state, report says

11:57 am U.S. ET | April 17, 2015

Volvo Cars is weighing a site in South Carolina against another southern state as it prepares to invest $500 million in its first US plant, people with knowledge of the matter told Reuters today....
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South Korea steps up price-fixing crackdown on auto suppliers

10:40 am U.S. ET | April 17, 2015

South Korea, supporting a global police action against auto-parts price fixing, has hit Japanese and German suppliers with a string of fines in recent weeks. The latest penalties came Tuesday, when Germany's Schaeffler and Japan's JTEKT were fined for rigging bids on tapered roller bearings to Hyundai, Kia and Hyundai Powertech....
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Magna to sell interiors unit to Grupo Antolin for $525 million

9:17 am U.S. ET | April 16, 2015

Canadian auto supplier Magna has agreed to sell its interiors operations to Grupo Antolin, a Spanish supplier with global operations, in a deal valued at about $525 million, Magna said today in a statement....
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Grupo Antolin to buy Magna unit for $525 million

April 16, 2015 15:17 CET

Spain's Grupo Antolin has reached an agreement to purchase Magna International's interiors unit for about $525 million, creating what Antolin estimates will be the world's third-largest player in the consolidating sector....
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Tesla awaits OK from governor to sell directly in Maryland

12:45 pm U.S. ET | April 15, 2015

Tesla will be granted up to four licenses in Maryland if the governor signs a bill supported by the Maryland Automobile Dealers Association....
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Toyota investments in Mexico, China to usher in new cost-efficiency strategy

9:00 am U.S. ET | April 15, 2015

Opening its purse after a three-year expansion freeze, Toyota announced plans today to spend nearly $1.5 billion on a new factory in Mexico and a new line in China to support sales growth in key markets and underpin a global overhaul in the way it builds vehicles....
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Hyundai may add Mexico plant as local auto sales increase

2:56 pm U.S. ET | April 14, 2015

Hyundai may build a factory in Mexico once the company's domestic auto sales rise, joining affiliate Kia Motors in Latin America's top vehicle-producing market, a top Mexican executive said Tuesday. A Hyundai spokesman, however, disputed the executive's comments....
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Toyota to announce details on Mexico factory; Corolla production will move from Canada to new plant, report says

6:19 am U.S. ET | April 14, 2015

Toyota will move production of its Corolla compact cars to a new factory in Mexico from Canada to benefit from lower costs, a report said....
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Ford to unveil $2.5 billion Mexico investment on Friday, report says

12:58 pm U.S. ET | April 14, 2015

Ford plans to announce on Friday an investment of about $2.5 billion in Mexico, industry sources told Reuters. Ford will invest $1.3 billion to expand its plant in northern Chihuahua state, where it will build two new diesel engines. Another $1.2 billion is destined for a transmission plant in central Guanajuato state, the sources said....
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Nissan is looking for more fleet business

12:01 am U.S. ET | April 13, 2015

Honda's complaint that bigger fleet sales are driving Nissan's sales growth is erroneous, says Nissan Chairman Munoz. But while Nissan has cut back on rental-fleet sales, Munoz wants to sell more Nissans into lucrative commercial fleets....
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EDITORIAL

All in all, rescue of automakers was a success

12:01 am U.S. ET | April 13, 2015

Certainly, the governmental bodies and their respective taxpayers lost some money on the rescue of General Motors and Chrysler. But it was far less than what the cost to them and the North American economy would have been if the automakers had been allowed to fail in 2009....
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Nissan may add Rogue hybrid in U.S.

12:01 am U.S. ET | April 13, 2015

Nissan unveiled the X-Trail Hybrid for the Japan market. It is considering a hybrid version of the crossover's sister vehicle, the Rogue, for the U.S....
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GM may spend $1 billion to retool landmark Michigan tech center, report says

4:04 pm U.S. ET | April 10, 2015

GM is considering spending as much as $1 billion to renovate its sprawling 60-year-old tech center outside Detroit, Bloomberg reported, citing a person familiar with the plan. Renovations at the landmark would include some new buildings to house 2,500 new hires, mostly in electrical engineering, information technology and software development....
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GM considers big investments in Michigan tech center

12:00 pm U.S. ET | April 9, 2015

General Motors is considering a multiyear expansion project at its Warren Tech Center in Michigan that would include new buildings, renovations and more jobs....
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GM to suspend Volt output in May ahead of changeover

12:37 pm U.S. ET | April 9, 2015

GM will halt output of the 2015 Chevrolet Volt late next month, amid high stockpiles and weak sales, to prepare a Michigan plant to build a redesigned version of the plug-in hybrid. The automaker will begin production of the 2016 Volt late this summer....
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GM mulls $1.3 billion expansion of Texas truck plant

9:38 pm U.S. ET | April 8, 2015

GM is mulling a $1.3 billion expansion of its Arlington, Texas, assembly plant to boost production of SUVs, according to documents from the city. The company says the investment would fund improvements aimed at enhancing the factory's manufacturing capability....
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FCA sued after man learned Ram pickup had wrong axle

4:15 pm U.S. ET | April 8, 2015

A South Carolina man has filed a lawsuit seeking class-action status against Fiat Chrysler after discovering that the Ram 1500 he bought last year didn't have the heavy-duty axle for which he had paid extra....
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VW's request to add to Chattanooga expansion approved

8:04 am U.S. ET | April 7, 2015

Volkswagen AG won approval from a Chattanooga government panel to add another 130,000 square feet to its $900 million factory expansion there, the Chattanooga Times Free Press reported....
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Asia-Pacific grabs bigger share of 2014 global vehicle output

2:55 pm U.S. ET | April 7, 2015

The Asia-Pacific region was the center of vehicle production again in 2014, accounting for more than half of global output, and is expected to keep grabbing a larger slice. The North American market also improved, with Mexico output jumping 10 percent....
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China gets the lion’s share of vehicle production capacity investments in 2014

7:00 pm U.S. ET | April 7, 2015

China once again captured the bulk of global investments in new or expanded vehicle production capacity last year, winning more than half of the auto industry’s total outlays earmarked to add or expand output....
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BMW, Mercedes probe unauthorized exports from U.S. to China

April 7, 2015 11:29 CET

Mercedes and BMW are probing unauthorized exports of vehicles from the U.S. to China, which have recently surged and threaten profit in the world's largest auto market. So-called gray imports to China have jumped since the country allowed dealers in Shanghai's free trade zone to import cars without the consent of foreign carmakers....
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Canada to sell final 73.4 million GM shares

6:34 pm U.S. ET | April 6, 2015

Canada's federal government agreed to sell its 73.4 million shares in General Motors, ending the country's financial ties following the company's 2009 bailout. The transaction will be complete by April 10, Canada said....
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BMW takes the lead in luxury sales

12:01 am U.S. ET | April 6, 2015

BMW, Mercedes-Benz and Lexus were separated by just more than 1,300 sales in the first quarter. BMW was tops with sales of 78,492, Mercedes was second (78,156) and Lexus was third (77,180)....
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Seattle VW dealer mixes metrics and fun

Seattle VW dealer mixes metrics and fun

Matthew Welch may own Auburn Volkswagen, but the title he cherishes is “chief relationship officer.' Mon., April 13
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