Tag: auto industry

• Wednesday, July 7th 2021 - 08:37 UTC

  China enters auto manufacturing industry in Brazil, acquiring Mercedes-Benz plant

  

  The Chinese auto industry is penetrating Brazil. Automaker Great Wall Motors (GWM) reported that it has purchased the Mercedes-Benz car factory in Iracemápolis, Sao Paulo state, according to a report in the financial sector from the newspaper “O Globo” last Sunday.

• Tuesday, July 6th 2021 - 09:08 UTC

  Production of motor vehicles in Argentina shows signs of recovery

  

  The production of motor vehicles in Argentina in June grew 14.5% compared to May's output for a total of 40,035 units, which made up for a 155.7% YoY increase against 2020 figures, it was reported Monday by the Association of Automotive Factories (Adefa).

• Friday, June 4th 2021 - 09:34 UTC

  Argentine automotive back on track, Adefa report shows

  

  The Argentine Association of Automotive Factories (Adefa) Thursday reported that production of motor vehicles had grown more than 19% month on month for an accumulated increase of 517.3% compared to May last year.

• Friday, May 28th 2021 - 09:53 UTC

  Minister Guedes says Brazil favors the modernizing of Mercosur

  

  “We are liberal but not stupid,” said Brazil's Economy Minister Paulo Guedes Thursday during a virtual event where he explained that his country has no intention of leaving Mercosur, but it does want to modernize it.

• Friday, April 30th 2021 - 08:30 UTC

  Ford increases output in Argentina, hires more workers

  

  Despite all pandemic-related setbacks, Ford's carmaking plant in Pacheco, 30 kilometres northwest of the Autonomous City of Buenos Aires (CABA) in Argentina, has increased its output of the Ranger model, for which 256 new personnel has been hired, it was reported.

• Saturday, April 24th 2021 - 07:02 UTC

  Paraguay and South Korean finalize details for joint electric car parts production to start in 2022

  

  Paraguay's Minister of Industry and Commerce (MIC) Luis Alberto Castiglioni Friday discussed with South Korean Ambassador To Asunción In Shik Woo the establishment of an Auto Parts Technology Center for electric cars in the South American country, which is due to commence in 2022 and last for about five years, it was reported.

• Monday, April 5th 2021 - 09:30 UTC

  Scania CEO in Argentina foresees record exports for 2021

  

  Scania CEO Andrés Leonard Sunday said in an interview he foresaw a 75% increase in “exports from Tucumán to the world” of bus and lorry gearbox parts.

• Saturday, March 20th 2021 - 09:07 UTC

  VW closing down production in four plants in Brazil because of the pandemic

  

  Germany's Volkswagen said on Friday that it will suspend production at its four plants in Brazil owing to a surge in coronavirus infections in the country. The Wolfsburg-based firm said it will stop factories from March 24 for a 12-day period “to protect the health of its employees and their families.”

• Friday, November 6th 2020 - 09:13 UTC

  Vehicle sales in Brazil climbing with October the best month of the year

  

  New vehicle sales in Brazil during October rose 3.54% compared to September, registering the highest volume of the year, the National Federation of Motor Vehicle Dealers (Fenabrave) said.

• Tuesday, November 3rd 2020 - 08:20 UTC

  Brazil launches network on Artificial Intelligence applied to the auto industry and agribusiness sectors

  

  The Brazilian government has announced the launch of a national innovation network focused on artificial intelligence (AI) with the aim of increasing the production capacity and competitiveness of local companies.