General Motors will idle production of the Chevrolet Volt for four weeks in total, according to a report by Automotive News.
General Motors will idle production of the Chevrolet Volt for four weeks in total, according to a report by Automotive News.
“Local” may be a favored term for foodies, but it’s already the new buzzword for Japanese automakers looking to find a hedge against a strong yen.
At a briefing in Traverse City, Michigan, Ford outlined its plans for tackling the twin challenges of Asia and Europe. Despite the capacity crisis facing the industry, Ford is aiming to avoid any European factory closures, while also expanding in Asia.
Mazda recently began production of the upcoming Mazda6 mid-size car, and a promotional photograph, seen above, reveals the look of the station wagon variant.
Honda is shifting production of the Civic Hybrid out of Japan and over to the United States, as part of a plan to boost their Indiana assembly plant.
More than 70 percent of Hyundai’s 45,000 strong worker’s guild voted in favor of job actions, including a walkout planned for Friday. The guild is building up towards Hyundai’s first labor strike since 2008, as they seek better wages and reduced hours.
Sergio Marchionne has been one of the most prolific alarmists regarding European overcapacity, and who can blame him? The economy is in the dumps in Fiat’s home market, as well as crucial export markets, and closing a plant would come with all kinds of blowback.
A report by Alix Partners, an automotive consulting firm, spells out what we at TTAC have been saying for some time; Europe’s auto industry is facing a major crisis of overcapacity, but no steps have been taken to remedy the matter.
Toyota will cut its production capacity in Japan by more than 10 percent to some 3.1 million units by 2014, if The Nikkei [sub] is correctly informed. (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?
The 2013 Ford Escape is about to launch soon, and Ford is stuck with 3,500 units that were damaged in a hail storm that can’t be sold as new cars.
Although news articles on the topic are fairly thin, it seems almost inevitable that Mazda and Fiat will continue doing business together, with the next step involving Mazdas built at Fiat/Chrysler plants.
Subaru’s failed relationship with China hasn’t burdened Subaru with too much baggage; the automaker is already moving on, planning to expand its Indiana plant to build more Legacy and Outback models.
Even though Opel will be tasked with developing the next Citroen C5, PSA will be responding in kind by providing some expertise of their own, in the form of small minivans.
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