The seventh generation of Volkswagen’s venerable and best-selling hatch, the Golf, has barely been launched in Europe, and Volkswagen is already looking into producing it abroad. Volkswagen aims at two regions that usually prefer cars with trunks: China and America. (Read More…)
Ford won’t be following in the footsteps of Renault and other auto makers that have introduced “low cost” brands like Dacia. But the company hasn’t ruled out a model line of cheaper vehicles either.
Francisco writes:
Dear Sajeev,
Regular reader here. To the matter at hand:
On a recent visit to Mexico, this Mariner was in front of me begging for a bad cellphone pic. Don’t get me wrong, after-market badge-upgraded cars are pretty common there, but this already badge-engineered Ford Explorer (Mercury Mariner – SM) badge-engineered once more to a “Lincoln Mariner 4wd V6” was too ironic to let go. Please note the extra Lincoln badge thrown in for good measure on the dealer license plate cover. Make no mistake, it is a Lincoln.
I assumed that this would bring a smile and a chuckle to an ardent Ford guy like yourself. Hope you enjoy it and keep up the good work!
Best regards from Sweden,
Francisco (Read More…)
In response to a comment regarding Nissan’s social media plans for product development, and the revival of the B13 Sentra SE-R, I felt that I should share this nugget of gold with any readers adventurous enough to go marauding in Mexico in pursuit of a well-preserved sport compact.
(Read More…)
The Globe and Mail’s Greg Keenan explored an interesting conundrum that Canadian governmental officials are facing; is it worth subsidizing auto industry manufacturing facilities, even with austerity programs in place?
Allegedly, there is rampant overcapacity in Europe. Not so at BMW. “The BMW plants are busting at the seams,” writes Germany’s Handelsblatt. BMW is looking into building new factories abroad. Possible locations are Central Europe. Or rather Mexico, writes the paper. (Read More…)
Just as we predicted, Audi has chosen Mexico as the site of their newest manufacturing plant. A specific site for the plant will be selected later in the year, with production of an unnamed SUV (said to be the Q5) starting in 2016.
With a meeting for Volkswagen’s supervisory board looming on Wednesday, a decision regarding Audi’s newest North American factory will likely be made. Two choices are available, but the key word seems to be North America.
Rumors of Audi starting U.S. production have been floating around for a while. Tennesseans in Chattanooga had hoped Audi would move in with Volkswagen. These hopes have been dashed over the weekend. Germany’s Spiegel reports that Audi will get its own plant in Mexico. (Read More…)
Nissan’s upscale Infiniti cars can only be bought outside of Japan, but most of the cars are made in Japan. That will change, said Nissan CEO Carlos Ghosn in New York. (Read More…)
Honda will build its Fit compact at the new Honda factory in Mexico, from where it will be exported to the U.S. and other markets. This is what the company told Hans Greimel, Automotive News [sub] rezident in Tokyo. (Read More…)
While Honda and Mazda are just getting their respective footholds in Mexico (the two automakers are opening up respective assembly plants in Mexico), Nissan has had a long presence south of the border, building cars at its Augascalientes, Mexico plant for decades.
The Mastretta MXT is not very well-known outside of Top Gear buffs who recall Jeremy Clarkson giving the MXT an incredibly hard time for its Mexican heritage. Of course we all know Jeremy is a shock jock more than a motor head these days, so his opinion aside the MXT slots in right behind the Doking as one the more interesting cars on display in Los Angeles. The MXT is the first sports car designed and built-in Mexico, but rather than trying to dethrone Corvette or Mustang, Mastretta is going for the niche market of small, light kit cars. Yes, kit cars. At least north of the border…
Around the time of the founding of the United States, the Mexican state of Guanajuato became home to of the one of the biggest silver mines in the world, which produced as much as 2/3rds of the world’s supply of silver at its peak. Today it’s not precious metal that’s driving Guanajuato’s booming economy, but cars, as the world’s automakers flock to Central Mexico. Between 2005 and 2008, GM, Ford and Michelin dumped $1.8b into production in the state, and the expansion is still picking up steam. In the last year, Volkswagen invested $800m in engine production capacity in Silao, Pirelli built a $210m facility and Mazda just revealed it would build a new compact car plant there in June. Toyota is said to be the next to set up shop in Guanajuato, but for the moment Honda is the latest automaker to announce new operations in Guanajuato, as Automotive News [sub] reports the Japanese automaker will spend $800m on an assembly plant there. Honda, which is fleeing a strong yen which has battered Japanese exports, will start building 200k subcompacts per year in 2014. Clearly Guanajuato’s got it’s automotive mojo flowing… but are the days of new Japanese transplant factories in the US over? Is it only a matter of time before the coyotes start smuggling Detroiters into Silao, Celaya, and the Puerto Interior??
Japanese carmakers are watching the rising yen and falling dollar with great trepidation. Most have the yen at 80 or above in their plans. Today, the greenback buys just 77 yen. “The soaring yen is forcing major Japanese companies to rethink their assumed exchange rates for the current fiscal year,” writes The Nikkei [sub] today, and adds: “Reviews of assumed rates could also accelerate the transfer of production bases overseas.” Honda does just that. (Read More…)
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