Production expected to grow by 2.5%; weaker loonie will increase profits to $2.3 billion this year.
Car components division accounted for 50% of the company’s $42.83 billion in revenue last year.
Technology development will drive economic viability, but the window of opportunity is a small one.
That’s music to the ears of Delaware politicians, who announced with great fanfare in 2009 that Fisker would revive vehicle production.
The Japanese automaker hopes its Venucia brand will build its share of China’s crowded auto market from 6% to 10%.
Cars destined for Latin American markets are often produced without antilock braking systems, electronic stability control, or more than two air bags.
A bankruptcy hearing for the troubled electric car-maker has been fast-tracked, scheduled for Jan. 3.
Korean automaker will make the first mass-produced fuel-cell vehicle sold in the North America.
The Swedish automaker is in the midst of an $11 billion turnaround plan that it hopes will double worldwide sales to 800,000 by 2020.
Record sales are boosting production, but investments in Mexico and the US will wreak havoc on Canada’s sector.
Factory output in the US rises by 0.7% in June as companies invest in vehicles and machinery.