#UnitedStates
Canadian Auto Workers More Cost Effective Than U.S. Workers, Study Says
The land of Canadian Tire, Tim Hortons and Michelle Creber has yet another thing going for it: Their auto workers have a cost advantage over their two-tiered brothers and sisters down south according to a study from Toronto, Ontario-based Scotiabank.
September 2013 Sales: A Stellar Month For Subaru
September was a great month for Subaru, with the brand up 15 percent. Ford, Chrysler, Jaguar Land Rover and BMW also posted solid gains. General Motors,Hyundai/Kia, Toyota, Nissan and Honda saw declines, as the SAAR dipped to 15.3 million units amid decreased consumer and business confidence. Table below the jump.
Ghosn Issues VW-Like Sales Goal To America
Weaker than expected growth in the United States has led Carlos Ghosn to issue an even more ambitious goal; double Nissan’s sales by 2017.
EU-US Free Trade Deal Begins, Completion Expected In 2015
The United States and the European Union will begin talks on a free-trade agreement, which may take as long as two years to complete. The deal is expected to be worth some $613 billion annually, and could have some interesting implications for the auto sector.
BMW Shifts Units From Europe To U.S.
Europe’s auto market implosion has led BMW to shift units earmarked for the continent over to the United States and China, where demand remains strong.
Nissan Leading The Exodus Out Of Japan
“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.
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