#CapitalInvestments
When Your Lamborghini Doesn't Hold All Your School Supplies…
That’s the sound of a sad trombone playing.
Dodgy offshore tax havens get a lot of press lately, but what about mass movements of capital to friendlier shores that hide in plain sight? The New York Times has a heartbreaking story today of young Chinese adults in Vancouver, Canada who just can’t figure out what to do with all that cash their fathers earned.
They do know one thing it’s good for: obscene quantities of ultra-high-end cars.
Republican Hopeful Donald Trump Threatens Ford With Tariffs Over Mexico
Republican presidential hopeful and billionaire Donald Trump wants to bring the pain via punitive tariffs to Ford for manufacturing vehicles in Mexico.
Survival Of Canadian Auto Industry Hinging On FCA Brampton Reinvestment
The fate of Canada’s auto industry is linked to whether or not the nation’s leaders can convince FCA to reinvest into its Brampton, Ontario facility.
Kia Officially Launches Brand In Mexico, Sales Beginning In July
Kia officially announced Wednesday it is launching the brand in Mexico, with sales to begin July 1 of this year.
Lamborghini Officially Enters High-End SUV Game
It’s official: Lamborghini is entering the high-end luxury SUV game with a model set to hit showrooms by 2018.
General Motors Investing $1B Into Warren Tech Center, Adding 2,600 Jobs
General Motors announced Thursday it will invest $1 billion into its Warren Tech Center in Warren, Mich., adding 2,600 jobs through 2018.
General Motors Set To Announce Major Investment For Warren Tech Center
General Motors is expected to announce Thursday its plans for the Warren Tech Center, including its proposed $1-billion investment into the facility.
Volvo Selects South Carolina For First-Ever US Factory
It’s official: Volvo has chosen South Carolina as the home of its first factory in the United States.
The factory will built north of Charleston in Berkeley County, with construction set to begin this fall. Production is expected to begin in 2018, and up to 100,000 units per year are projected to leave South Carolina once operations commence.
BMW Delays Decision On Factory Amid Russia's Economic Crisis
The ongoing economic crisis suffered by Russia has given pause to a decision by BMW to build an assembly plant in the ailing nation.
GM Gives Away 2016 Chevrolet Malibu, Invests $174 Million In Kansas
In celebration of a key milestone, General Motors CEO Mary Barra gave away a 2016 Chevrolet Malibu Monday, a feat that could never happen with the old Malibu, even with Oprah’s help.
Aston Martin All-In On SUV, Lamborghini Still On Fence
Aston Martin is entering the high-end luxury SUV/crossover game, while Lamborghini is still debating whether or not the LM002 needs a successor.
City Officials Ready To Approve Incentives For Arlington Assembly Expansion Plan
City officials in Arlington, Texas will vote Tuesday evening to approve incentives for General Motors’ $1.2-billion expansion of Arlington Assembly.
Hyundai To Build Mexican Factory After Sales Exceed 50K Per Year
Hyundai is planning on building a factory in Mexico, but only after annual domestic sales in the country rise to appropriate levels.
Ford To Announce $2.5B Investment In Mexico On 90th Anniversary
This Friday, Ford will announce a $2.5-billion investment plan for two of its factories in Mexico.
Volkswagen Opening Engineering Center In Chattanooga
Volkswagen is launching an engineering center at its factory in Chattanooga, Tenn. to help improve the automaker’s fortunes in the United States.
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