Brazil

Fiat to halt output at Brazil factory on slumping demand

April 1, 2015 09:45 CET

Fiat Chrysler will halt production at a plant in Brazil due to lower demand and high stock levels. Fiat joins VW in cutting output as car sales slump in the country....
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VW halts output for 3 weeks at Brazil plant, union says

March 30, 2015 19:14 CET

Volkswagen has halted production at its second-largest factory in Brazil for three weeks, a local union said, as a steep decline in demand forces carmakers to manage excess capacity. VW is one of many automakers working to cut costs in the country, where sales and output are down more than 20 percent in the first two months....
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Strike ends at Brazil GM plant after union flexes muscle

4:13 pm U.S. ET | Feb. 26, 2015

Workers at a General Motors factory in Brazil ended a six-day strike today after the company dropped plans to lay off 800 employees, the union said, ending the latest labor standoff in the troubled Brazilian auto industry....
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GM caught off-guard by strike at Brazil plant

4:07 pm U.S. ET | Feb. 20, 2015

General Motors was caught by surprise today by a strike at its Brazilian car factory as workers protested a planned furlough and layoff of hundreds of staff, in the latest labor disruption in the nation's slumping auto industry....
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Mercedes breaks ground on new Brazil factory

Feb. 5, 2015 20:01 CET

Mercedes broke ground on its new car plant in Brazil near Sao Paulo, where it is investing 500 million reais ($183 million) to built its C-class and GLA models....
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Strike ends at VW Brazil factory as 800 workers get jobs back

Jan. 16, 2015 15:08 CET

Workers at a Volkswagen factory in Brazil voted to end a 10-day strike after the carmaker agreed to reverse the layoff of 800 employees and presented a new labor deal through 2019....
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Fiat Chrysler exports from Brazil to Mexico after more than 3 years

Dec. 15, 2014 21:36 CET

Fiat Chrysler has resumed exports from Brazil to Mexico after a more than three-year hiatus due to weak Brazilian demand and a more favorable exchange rate, Cledorvino Belini, chief executive officer in Latin America, said....
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VW will give more power to brands, regions

Dec. 4, 2014 09:21 CET

VW Group will give more power to brand managers and regional bosses, its labor leader said, as the company looks to address poor performance in markets such as the U.S. and Brazil....
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BMW, others bet on Brazil but benefits trail Mexico

Oct. 30, 2014 16:18 CET

BMW is among a group of carmakers investing in Brazil as a growing middle class fuels a surge in car sales, but high costs, poor infrastructure and few trade agreements mean Brazil can't compete with rival Mexico....
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JLR picks Discovery Sport to lead Brazil output

Oct. 29, 2014 16:00 CET

The Land Rover Discovery Sport will be the first model Jaguar Land Rover produces at its new plant in Brazil, the automaker said. Output will begin in 2016....
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Fiat Chrysler's growth plans clouded by Brazilian outlook

Oct. 29, 2014 11:52 CET

Fiat Chrysler aims to boost sales in Latin America by 44 percent over five years but a recent big drop in volume and weakening outlook in Brazil, the region's biggest economy, threaten to spoil its ambitions....
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Magna stock falls 4.7% after Brazil antitrust regulator visits local unit

4:02 pm U.S. ET | Sept. 19, 2014

Magna International shares tumbled the most in more than two years after the supplier said the offices of its Brazilian unit were visited in connection with an antitrust investigation....
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Bosch approaches Brazil regulator over spark plug cartel

Sept. 8, 2014 14:36 CET

Bosch says it approached Brazil's antitrust authorities after discovering it had been operating a cartel in spark plugs together with Japan's NGK Spark Plug Co. "We have reported ourselves to the authorities," the supplier said....
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Volkswagen spied on Brazilian union activists in 1980s, report says

Sept. 5, 2014 15:19 CET

Volkswagen spied on Brazilian union activists in the 1980s and passed sensitive information about wage demands and other private discussions to the country's military dictatorship, according to newly uncovered documents seen by Reuters....
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GM to invest $2.8 billion in Brazil over five years, Barra says

12:15 pm U.S. ET | Aug. 14, 2014

General Motors will invest 6.5 billion reais ($2.8 billion) in Brazil over the next five years, CEO Mary Barra said today. She said GM remains committed to one of its most important markets....
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Manheim enters Brazil with acquisition of auction company CarBizz

2:51 pm U.S. ET | Aug. 13, 2014

Manheim, the largest auto auction company in the United States, has expanded its global operations into South America with the acquisition of Brazilian auction company CarBizz....
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VW brand sales rise on Europe, China gains

Aug. 12, 2014 11:48 CET

VW increased sales at its core passenger-car brand by 4 percent in July as higher deliveries in western Europe and China offset declines in the United States and Brazil. Global sales of VW brand cars and SUVs rose to 491,600 last month....
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Suppliers see promise in China's aftermarket

12:01 am U.S. ET | Aug. 5, 2014

The global replacement parts business likely will become even more appealing to automotive suppliers. In emerging markets, and especially in China, many new vehicles sold in recent years now need replacement parts....
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Grammer expands into Brazil

12:01 am U.S. ET | Aug. 4, 2014

Thanks to some newly won contracts, German auto supplier Grammer AG has made its debut in the Brazilian passenger car market. Until now, Grammer do Brasil had provided only truck seats and agricultural machinery in the South American country....
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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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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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Nissan's Munoz: 'You grow or you go'

Nissan's Munoz: 'You grow or you go'

Nissan N.A. boss Jose Munoz continues to push U.S. dealers for a big jump in market share while deflecting complaints that his stair-step sales targets are too hard to achieve.
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