South America http://wardsauto.com/taxonomy/term/53480/more en UPDATE 2-Ford takes $800 mln charge on Venezuelan currency woes http://wardsauto.com/update-2-ford-takes-800-mln-charge-venezuelan-currency-woes <div class="node-body reuters_news-body"><p>(Adds analyst comment, details of Ford operations in Venezuela.)</p> <p>By Bernie Woodall</p> <p>Jan 23 (Reuters) - Ford Motor Co said on Friday it was taking a charge related to its Venezuelan operations that will cut fourth-quarter net profit by $700 million, as companies scramble to shield their bottom lines from the country's volatile currency.</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/update-2-ford-takes-800-mln-charge-venezuelan-currency-woes" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy South America Venezuela Finance Fri, 23 Jan 2015 22:34:25 +0000 1209561 at http://wardsauto.com VW Brazil Workers End 10-Day Strike http://wardsauto.com/vw-brazil-workers-end-10-day-strike <div class="node-body reuters_news-body">The automaker agreed to reinstate 800 laid-off employees and, according to union officials, offer annual raises of 1% plus inflation adjustments through 2019.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/vw-brazil-workers-end-10-day-strike" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Plants & Production South America Brazil Employment Labor & Human Resources Production Fri, 16 Jan 2015 13:46:00 +0000 1202121 at http://wardsauto.com UPDATE 2-Brazil automakers expect small rebound from 2014 slump http://wardsauto.com/update-2-brazil-automakers-expect-small-rebound-2014-slump <div class="node-body reuters_news-body"><p>(Adds industrial production figures)</p> <p>By Alberto Alerigi and Brad Haynes</p> <p>SAO PAULO, Jan 8 (Reuters) - Automobile production in 2015 in Brazil will likely barely recover from a sharp plunge last year, as weak sales and exports drag on an industry quickly shedding jobs.</p> <p>Anfavea, the national automakers association, on Thursday forecast a 4.1 percent rise in vehicle output this year after a 15.3 percent drop in 2014 due to tighter credit, shaky consumer confidence and expiring tax breaks. Output rose 10 percent in 2013.</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/update-2-brazil-automakers-expect-small-rebound-2014-slump" target="_blank">read more</a></p> Public Gated Auto Makers Plants & Production Sales & Marketing South America Brazil Production Sales Results Thu, 08 Jan 2015 17:30:45 +0000 1195951 at http://wardsauto.com Brazil Vehicle Sales Up 4.5% in December http://wardsauto.com/sales-marketing/brazil-vehicle-sales-45-december <div class="field-byline"> WardsAuto Staff </div> <div class="node-body article-body">Brazil vehicle sales totaled 369,996 units for December 2014.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/sales-marketing/brazil-vehicle-sales-45-december" target="_blank">read more</a></p> http://wardsauto.com/sales-marketing/brazil-vehicle-sales-45-december#comments Premium Auto Makers Sales & Marketing South America Brazil Auto Makers Sales Results Thu, 08 Jan 2015 15:09:00 +0000 1195911 at http://wardsauto.com Minimal Near-Term Relief Seen for Brazil http://wardsauto.com/management-strategy/minimal-near-term-relief-seen-brazil <div class="field-deck"> 2015 Automotive Outlook </div> <div class="node-body article-body">Neither a better employment picture nor more widely available credit for car buyers is expected in 2015.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/management-strategy/minimal-near-term-relief-seen-brazil" target="_blank">read more</a></p> http://wardsauto.com/management-strategy/minimal-near-term-relief-seen-brazil#comments Public Auto Makers Management & Strategy Plants & Production Sales & Marketing South America Brazil Audi General Motors Jeep Management & Strategy Plants & Production Sales & Marketing ANFAVEA Audi BMW Brazil Brazilian Chevy Trax Fenabrave Ford General Motors gm Guido Vildozo IHS Jaime Ardila Jeep Luxury Renegade Volkswagen VW Wed, 07 Jan 2015 11:04:00 +0000 1194671 at http://wardsauto.com <p><strong>Small CUVs such as Chevy Trax gaining popularity in Brazil.</strong></p> Smuggling Stalls Growth of Colombia’s Auto Industry http://wardsauto.com/politics/smuggling-stalls-growth-colombia-s-auto-industry <div class="field-byline"> James Bargent </div> <div class="node-body article-body">Large numbers of tires are smuggled into the country as a result of anti-dumping measures Colombia has taken against China, which ensure high tariffs on legal tire imports remain in place.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/politics/smuggling-stalls-growth-colombia-s-auto-industry" target="_blank">read more</a></p> http://wardsauto.com/politics/smuggling-stalls-growth-colombia-s-auto-industry#comments Public Auto Makers Politics South America Colombia Venezuela Laws/Law Enforcement Tariffs Trade Mon, 15 Dec 2014 11:49:00 +0000 1171301 at http://wardsauto.com <p><strong>Police examine parts smuggled into Colombia from Venezuela.</strong></p> Free-Trade Pact Opens Ecuador to EU Automakers http://wardsauto.com/politics/free-trade-pact-opens-ecuador-eu-automakers <div class="field-byline"> Carmen Paun </div> <div class="node-body article-body">Ecuador will phase out its current 35% to 40% tariff on automobiles over the next seven years, eventually allowing European automakers to export to the country duty-free. </div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/politics/free-trade-pact-opens-ecuador-eu-automakers" target="_blank">read more</a></p> http://wardsauto.com/politics/free-trade-pact-opens-ecuador-eu-automakers#comments Premium Auto Makers Management & Strategy Politics Europe South America Europe - Regional Colombia Ecuador Peru Venezuela BMW Land Rover Nissan European Commission Globalization Tariffs Trade World Trade Organization (WTO) Tue, 09 Dec 2014 11:41:00 +0000 1172141 at http://wardsauto.com <p><strong>Range Rover shedding tariffs in Ecuador.</strong></p> Brazil Vehicle Sales Down 2.8% in November http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-28-november <div class="field-byline"> WardsAuto Staff </div> <div class="node-body article-body">Brazil vehicle sales totaled 294,648 units for November 2014.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-28-november" target="_blank">read more</a></p> http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-28-november#comments Premium Auto Makers Sales & Marketing South America Brazil Auto Makers Sales Results Thu, 04 Dec 2014 18:26:00 +0000 1172011 at http://wardsauto.com Brazil Vehicle Sales Down 7.1% in October http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-71-october <div class="field-byline"> WardsAuto Staff </div> <div class="node-body article-body">Brazil vehicle sales totaled 306,875 units for October 2014.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-71-october" target="_blank">read more</a></p> http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-71-october#comments Premium Auto Makers Sales & Marketing South America Brazil Auto Makers Sales Results Thu, 06 Nov 2014 15:42:00 +0000 1153731 at http://wardsauto.com Brazil Vehicle Sales Down 4.3% in September http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-43-september <div class="field-byline"> WardsAuto Staff </div> <div class="node-body article-body">Brazil vehicle sales totaled 296,320 units for September 2014</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-43-september" target="_blank">read more</a></p> http://wardsauto.com/sales-marketing/brazil-vehicle-sales-down-43-september#comments Premium Auto Makers Sales & Marketing South America Brazil Auto Makers Sales Results Fri, 03 Oct 2014 15:28:00 +0000 1130371 at http://wardsauto.com