Toyota’s lone Mexican assembly plant will boost output by as much as 40 percent to increase production of the Tacoma mid-size pickup truck starting in April, 2015.
Kia announced Wednesday that it plans to build “a range of yet-to-be confirmed compact models” at its new plant in Monterrey, Mexico after Job 1 production begins in H1 2016.
Nikon cameras, condoms and the Mitsubishi Mirage are the only three products that come to mind when I think of “Made in Thailand”, but starting in 2017, we’ll have another to add to that list: the Ford Fiesta.
Toyota is not going to be expanding any plants in the United States, even as they are forced to absorb further production of the Toyota Camry as their assembly deal with Subaru winds down.
In today’s digest: General Motors issues another ignition-related recall; has fixed a handful of those affected by the original ignition recall; and unveils plans for three new compacts to be sold in emerging markets.
PSA will consolidate their small car production at a factory in Slovakia, as the struggling auto maker looks to cut labor costs and increase margins on small cars.
Due to slow sales, Fiat Chrysler Automobiles will halt production of the SRT Viper for the next two months, with 91 hourly workers temporarily booted to the unemployment line.
With the Econoline passing the torch to the Transit Connect at the end of this year, Ford is in the process of moving production of the F-650 and F-750 from Mexico to Ohio in time for the medium-duty trucks’ redesign for 2015.
Fiat Chrysler Automobiles CEO Sergio Marchionne announced this week production of the Maserati Levante SUV will begin at the automaker’s Mirafiori plant in Turin, Italy beginning in 2015.