GM Asia-Pacific head Stefan Jacoby was in Australia to review Holden’s model lineup, but did not accept invitations to meet with government officials, a slight Industry Minister Ian Macfarlane says shows a “lack of sensitivity.”...More
Renault and Fiat are seeking more details about managing production, MosAvtoZil’s level of investment and the transfer price, or how much the French and Italian automakers would pay to buy back vehicles made by the Russian JV....More
Some 200,000 jobs are at stake, and the question is whether Australia is going to compete in the global race for good, skilled jobs or give up and let car manufacturing move overseas, the AMWU says....More
Decades ago, when the world was a much bigger place and six-digit annual vehicle sales were considered a boom market, local production made sense in the country. But, as Ford and Mitsubishi already have concluded, the economics no longer add up....More
Toyota’s move comes as Industry Minister Ian Macfarlane concedes the Australian auto manufacturing sector may not survive, in part because of the level of government support that may be needed to prop it up....More
WardsAuto/AutomotiveCompass data shows this year about a third of the top-volume platforms will cross four or more size segments. By 2019, that percentage will go to half, and those will span up to seven market segments....More
When it takes two months to build a Mulsanne – to fabricate and paint the body, to bathe the cabin in finery, to have one guy (Bob Bishop) assemble the 6.75L twin-turbo V-8 – it becomes evident why this car is insanely expensive....More
With so much drooling on about craftsmanship and comfort, it’s easy to forget the Mulsanne is, in the end, a mode of transportation, built to splash through mud puddles, not a work of art to be adored in a museum.
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
Chrysler spent $1.1 billion on the van plant, which will employ 1,100 workers by December. Another $164 million is being invested at the Saltillo North engine plant for production of 2.0L and 2.4L Tigershark 4-cyl. engines....More
The automaker would be building Camry hybrids locally as early as mid-2014 if the government extended tax-exemption incentives for hybrids beyond Dec. 31, Toyota Malaysia President Ismet Suki says in a published report....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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