automaker
Chinese automaker plans electric car production in South Africa
BAIC is preparing to set up a “new energy car production base” by the end of June.
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GM proposing co-gen power for St. Catharines propulsion plant
Project aims to reduce electricity costs, greenhouse gas emissions by 77%.
GM temporarily closing five factories
Automaker trying to reduce inventory on dealer lots.
Volkswagen reneged on deal to recognize union: UAW
Union says carmaker would recognize UAW as member representative if it dropped a challenge on the outcome of an election.
Morocco, Peugeot agree on $632M investment for car factory
Manufacturing facility will produce up to 200,000 vehicles annually for the African and Middle East markets.
GM denies ambushing dealers with 2009 wind down
Dealers sue for $750 million; claim with more time they’d have received a better deal.
North Carolina offered $100M to lure Toyota headquarters
Automaker says it’s decision to move to a Dallas suburb was about much more than state incentives.
Chrysler loses $690 million in Q1
Despite sales gains, the automaker lost money on changes related to its merger with Fiat SpA.
Tesla gearing up for charging, support network in China
The automaker has delivered its first eight all-electric sedans to customers in China.
Mexico sets sights on Canada as top auto exporter to US
It has surpassed Japan as the second largest exporter, expects to pass Canada in 2015.
Tenn. won’t rule out automakers with UAW contracts at Memphis site
The 6-square-mile “mega site” ideally is suited for a new auto assembly plant.
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Ford building more Edges in Oakville for the global market
Automaker says it will export utility vehicle to more than 60 countries.
Toyota stays on top for second straight year in 2013
Sets ambitious target to sell more than 10 million vehicles in 2014.
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Inside GM’s huge investments in five US facilities
$1.3 billion investment brings automaker’s total spending on US manufacturing plants to $2.8 billion in 2013.
Retiring GM CEO says taxpayers gained on bailout even with paper loss
Dan Akerson says taxpayers would have had to pick up the company’s $26 billion pension obligation if the automaker went under.
