More in Plants & Production

  • Newswire

    CORRECTED-Peugeot lifts European output as market upturn helps plan  

    (Corrects period affected by output increase in second paragraph to May-August from January-August) By Laurence Frost PARIS, April 21 (Reuters) - PSA Peugeot Citroen announced a 10 percent European production increase on Tuesday as returning demand boosts the troubled French carmaker a year into a major turnaround plan....More
  • Newswire

    Newspaper Reports Toyota Moving Corolla Production to Mexico  

    The Globe and Mail newspaper in Toronto reports the world's biggest automaker will move Corolla production from two Ontario plants to a factory in Mexico to take advantage of lower costs....More
  • Newswire

    Toyota to Build $1 Billion Mexico Plant, Sources Say  

    The Japanese automaker's second plant in Mexico will create 2,400 jobs and have annual capacity of 200,000 cars, initially Corolla compacts, when it comes on line in 2019....More
  • Newswire

    Ford to gain control of Russia JV and provide finance  

    MOSCOW, April 10 (Reuters) - U.S. auto maker Ford Motor Co will take control of its Russian venture with Sollers and provide it with additional financial support, the Russian firm said on Friday. Ford is taking control in exchange for preferred shares in the Ford-Sollers venture, while its economic interest in the venture remains unchanged at 50 percent, Sollers said. The companies agreed the changes to the venture's shareholder structure on March 31, Sollers said, without providing any financial details of the transaction....More
  • Apr 8, 2015
    blog

    Volvo’s Decision to Build U.S. Plant a Head-Scratcher 1

    Volvo CEO Hakan Samuelsson says the company can’t become a true global automaker without an industrial presence in the U.S....More
  • Apr 1, 2015
    blog

    Is UAW Willing to Give or Just Take?

    Wall Street is reaping most of the riches of America’s resurgence, why not give a little bit of Wall Street to blue collar workers? That’s the fastest way to help bridge the gap in income inequality....More
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