The partial transfer of production from plants in Sweden and Belgium to facilities elsewhere in Sweden and in France are part of the truck maker's effort to raise operating margins 3 percentage points, to just under 12%, by the end of 2015....More
Leading the automaker’s volume expansion will be small LVs, including A-, B- and C-size cars, car-based compact vans and small CUVs. Its production mix of small LVs will climb to 56% in 2020 from 48.5% in 2013....More
Federal Industry Minister Ian Macfarlane reportedly is ready to give the General Motors subsidiary a short-term injection of funding before Christmas while the government finalizes long-term plans for the industry....More
The country's biggest real-estate develop says minor flooding has not disrupted operations at its industrial park in Chonburi province, where several companies produce parts for Japanese automakers....More
Dodge executive Bob Broderdorf says the boost in production coincided with traditionally strong fourth-quarter demand for fullsize SUVs and, as a result, “We are selling them as fast as we can."...More
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