Although Toyota has previously looked to maximize capacity at its existing North American plants, a report by Bloomberg suggests that the company will depart from this policy and look to establish a manufacturing facility in Mexico, following the lead of Honda, Mazda and Nissan in the Japanese auto industry’s drive to localize production.
GM’s market share in the full-size, truck-based SUV segment grew to 82.9% in August 2014 as the company’s four candidates grabbed the four top spots in the category. Not unpredictably, Ford Expedition sales declined as we approach the arrival of a revamped 2015 Expedition with EcoBoost V6 power, further enabling GM’s quest for world domination.
Or American domination. Domination in a specific vehicle category. In a category which, while expanding in comparison to the recent past, simply doesn’t amount to what it once did.
That’s not to say GM’s four full-size Chevy and GMC SUVs form a low-volume quartet. The Suburban, Tahoe, Yukon, and Yukon XL were responsible for 8.1% of the volume generated by America’s largest seller of new vehicles in August. Read More >
A couple of months after General Motors CEO Mary Barra turned up inside the Beltway for a second round of testimony before the United States Senate over its part of the February 2014 ignition switch crisis, it’s now the National Highway Traffic Safety Administration’s own second turn in the hot seat.
Though Ford, Lincoln, BMW and others have mastered the art of parallel parking in tight spaces for their customers, it turns out the systems used do it too well, prompting Ford to give “unparking” a go.
Luca di Montezemolo, who has headed up Ferrari for over two decades and presided over record profits, has stepped down amid in-fighting with Fiat head Sergio Marchionne.
Daimler head Dieter Zetsche called on regulators on both sides of the Atlantic to approve a US-EU free trade agreement, and along with it, called for a harmonization of vehicle safety standards.
Dodge dealers wanting to help their customers destroy wannabes with the 2015 Challenger SRT Hellcat will themselves need to prove their worth to the brand before a single car leaves the carrier.
There were inventory issues, but there was also concern that the new Sorento, though revamped under the skin, didn’t appear new on the outside. The Forte launch didn’t send shock waves through the compact segment. The Cadenza was never expected to be a volume leader.
Explanations for the decline didn’t stop Kia from “restructuring” either, as Kia Motors America’s executive VP of sales, Tom Loveless, was replaced by Michael Sprague.
Through the first eight months of 2014, however, Kia is back on track. Compared with the same period last year, brand-wide sales are up 7%. Compared with the first eight months of that record-setting 2012, sales are up 4.5%. Read More >
João Paulo de Oliveira found it hard to find another job after he was fired by Rapistan, a Michigan-based conveyor belt maker, in 1980. He was detained or arrested another five times until the Brazilian military dictatorship, that had successfully realized a coup d’état in 1964, and returned power to civilians in 1985. Oliveira claims that no other company would hire him after he lost his job, and hge was constantly threatened by police. His crime? Being a union member at a time the military considered strikes as subversive communist movements.
Oliveira declares that he and many other union members suspected that private companies, including many auto makers collaborated with the state’s repressive forces. Apparently, his suspicions have been borne out.