More in Production

  • Newswire

    Volvo Truck Workers Strike in Brazil  

    Volvo says about 4,000 workers at its Curitiba plant walked off the job after their union rejected the company's offer of employment through 2015 but with cuts in pay....More
  • Newswire

    Volvo Cars picks South Carolina to supply toughening U.S. market  

    * $500 million investment seen initially creating 2,000 jobs * Production to start 2018 and quickly reach 100,000 a year * China-owned Volvo Cars looking to reverse US sales decline By Laurence Frost and Ben Klayman PARIS/DETROIT, May 11 (Reuters) - Sweden's Volvo Cars has chosen a site in South Carolina for a $500 million investment in its first U.S. plant, it said on Monday, targeting a bigger share of the increasingly competitive North American premium market....More
  • Newswire

    BMW Trims China Production Amid Slowdown  

    The German automaker, rather than step up marketing efforts, is rolling back production in the world's largest car market, where growth rates have slowed from double-digits to about 7% this year....More
  • Newswire

    GM Canada Eliminating 1,000 jobs at Ontario Plant  

    GM Canada is eliminating one of three shifts at its Oshawa, ON, assembly plant in November, when it stops production of the Chevrolet Camaro....More
  • Newswire

    GM Expects to Halt Venezuela Production in July  

    The automaker, which builds four vehicles and employs 3,000 people in Venezuela, is the latest U.S. corporation acting to protect its profits against the country's currency fluctuations....More
  • Newswire

    Hyundai Plans Sonata Hybrid for Chinese Market  

    The automaker says production of the new sedan in China makes it the first Sonata hybrid to be produced outside Korea....More
  • 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
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