If you end up purchasing a BMW 3 or 4 Series model build at the automaker’s Munich assembly plant in early march, just know this: two of the workers building it might have been high as a kite.
A report in today’s Bild newspaper claims that two workers were so blitzed on booze and synthetic marijuana that they passed out while working on the assembly line, causing a temporary — and costly — shutdown. Yes, this happened, BMW has confirmed. (Read More…)
A bill for the assembly of two decades-old models — one from a defunct marque — will come due on April 1. And unlike much of the debts written off during General Motors’ bankruptcy, a major subsidiary now has to pay this chunk back.
The money, $220 million in all, was handed to GM Canada back in 1987 to save the Montreal-area Sainte-Thérèse Assembly plant. GM Canada used that bankroll to build the stunningly sexy Chevrolet Celebrity and Oldsmobile Cutlass Ciera. It later cranked out the last Pontiac Firebirds and fourth-generation Chevrolet Camaros.
The thing about 30-year interest-free loans is that someone eventually comes to collect. (Read More…)
Hyundai Motor Company and its Kia affiliate are starting off the New Year with a promise to float barges full of cash to U.S. shores.
The automaker has announced a plan to funnel $3.1 billion into its American operations over the next five years, handily killing two birds with one stone. Not only would it (potentially) placate President-elect Donald Trump’s thirst for non-Mexican automotive investment, it would also fix a thorny problem facing Hyundai’s vehicle lineup. (Read More…)
There’s something about billions of dollars in investment and carefully planned long-term product strategies that make it hard for an automaker to turn on a dime in the face of a threat.
Ford Motor Company CEO Mark Fields says his company has no plans to reverse course on its goal of boosting production of cars and components in Mexico, even after President-elect Trump’s promise of a 35-percent tariff on vehicles crossing the Rio Grande.
It’s a game of chicken Ford intents to win. (Read More…)
Lackluster demand for several General Motors models has forced the automaker to announce shift cuts at two assembly plants, leading more than 2,000 lost jobs.
It’s unpleasant news for autoworkers in America’s manufacturing heartland, but the General hints that four-wheeled saviors are on the way. (Read More…)
Maybe God has it out for Windsor, Ontario. Or maybe fate has a sense of irony, at least when it comes to Fiat Chrysler Automobiles.
The automaker’s minivan plant, which builds the Dodge Grand Caravan and Chrysler Pacifica, handily sidestepped a supplier-related shutdown this week, only to be unexpectedly hit with another. The assembly lines go dark in Windsor next week. (Read More…)
The former General Motors Wilmington Assembly Plant, which cranked out Saturns, Oldsmobiles and Pontiacs before falling victim to economic and corporate forces, is looking for a new owner.
This time, however, it wants a buyer that isn’t a luxury plug-in electric car maker that folds before a single vehicle can leave the factory. (Read More…)
As it announced a less rosy financial outlook for the coming year, Ford Motor Company repeated its promise to rid America of small car production.
Yes, Mexico will take on the task of building the Focus and C-Max as Ford seeks to maximize U.S truck and SUV production. Part of the plan includes offering customers less choice, with a drastic reduction in buildable combinations on tap.
Don’t worry, you’ll still be able to buy a Focus in a color that isn’t black. (Read More…)
Britain’s recent vote to leave the European Union could cause General Motors to up and leave the country, industry analysts predict.
Production of Vauxhall and Opel vehicles could shift across the Channel if the EU places import tariffs on vehicles bound from Britain, LMC Automotive said in a report, ending GM’s decades-long presence. (Read More…)
Not too long ago, engineers from General Motors and NASA stood around a glove, thinking, we can rebuilt this — better, stronger, more dexterous than before.
Well, they did, and now RoboGlove — a term that conjures up images of a vaguely 1980s dystopian future — will soon get its manufacturing debut at the end of select GM workers’ arms. (Read More…)
Still mulling over where to build a second North American factory, BMW CEO Norbert Reithofer stated his company would have an answer before the automaker goes on summer break.