Mitsubishi makes Canada plans
Mississauga, Ontario - Mitsubishi Motor Sales of America Inc. said it wants to begin selling cars in Canada early in 2003. It plans to market its full eight-vehicle line of cars and sport-utilities through 51 dealerships initially and to have 150 dealerships in five years. Mitsubishi opened its Canadian headquarters here this month.
GMAC will fold in XM radio fee
WASHINGTON - General Motors Acceptance Corp. will include XM Satellite Radio subscription fees in customers' monthly payments for new GM vehicles. XM's monthly subscription fee is expected to be $9.95.
GM, a 12 percent stakeholder in XM Satellite Radio Holdings Inc., plans to start offering satellite radio in the Cadillac DeVille and Seville this fall. Ron Zarrella, GM's North American president, sits on XM's board.
BMW picks Leipzig for plant
FRANKFURT - BMW AG will build a plant in Leipzig, Germany, at a cost of $858 million, creating 10,000 jobs in a sign of its commitment to Germany.
The plant, in Germany's depressed, formerly communist east, is expected to have daily capacity of about 600 cars. The jobs will be created at the site and at components suppliers.
Leipzig beat competition from Schwerin and Augsburg, Germany; Arras, France; and Kolin, Czech Republic.
The company initially will build its 3 series at the plant and later will start production of its small new 1 series there.
DCX to cut jobs in Brazil
SAO PAULO, Brazil - DaimlerChrysler hopes to cut 583 jobs at its Mercedes-Benz plant in Brazil through a voluntary retirement program that aims to reduce fixed costs and improve competitiveness, a company spokesman said.
Workers at the Sao Bernardo do Campos plant, on the outskirts of Sao Paulo, will be able to receive up to eight months of pay and six months of health insurance under the program, said Andre Senador, DaimlerChrysler's deputy director for corporate communications, according to Reuters.
'It's important to note that production will not be altered and that those 583 jobs are indirectly related to production. They're support jobs,' Senador said.
The plant produces 160 trucks and buses a day and has 10,400 workers.
Covisint opens Japan office
TOKYO - Covisint LLC has opened its Asia-Pacific office here and named Luc Hovan its managing director. He was Nissan Motor Co.'s general manager of purchasing strategy.
Covisint Japan K.K. will be operated as a subsidiary of Covisint, the online exchange founded last year by Ford Motor Co., General Motors and DaimlerChrysler.
Covisint previously established a European subsidiary and office in Amsterdam.