The brand’s North American chief says deliveries could hit 400,000 in fiscal 2016, as recently introduced models gain a firmer foothold and a new assembly plant in Mexico launches production in the spring....More
Even midrange Toyota models such as the Corolla, Camry and RAV4 now feature rearview cameras and auto-leveling headlamps. Toyota estimates that failure to recognize potential danger causes 70% of accidents....More
Ford Southern Africa continued distributing Mazda vehicles in South Africa despite the end of the companies’ partnership three years ago. Mazda South Africa will take over all Mazda-related operations starting in July 2014....More
Reports by JPMorgan Securities Japan detail the industry’s reversal of fortune since the dark days following the Lehman Brothers bankruptcy and subsequent start of the global recession in fall 2008....More
The Henry Ford in Dearborn, MI, hosted its fifth annual Maker Faire Detroit this past weekend in highlighting the importance of grassroots innovation and problem-solving. Some 400 creators participated in this year’s event, including 100 for the first time.
“What we are finding is manufacturers are not only bringing technology in faster than we thought they would, they are also bringing different technology to fruition than what we anticipated,” says the EPA’s Michael Olechiw....More
In October 2013, trade between NAFTA partners totaled $103.1 billion, up 4.5% from a year earlier, marking the first month in the pact’s history in which trade exceeded $100 billion in a single month....More
Economic recovery is weak and gradual, unemployment remains stubbornly high and Europe faces a growing and acute economic challenge from other global regions. We will only deliver the full potential benefits of the Single Market if we set a genuinely new course for Europe....More