Toyota announced earlier this month that it’s considering moving the production of the Toyota Camry models meant for the South Korean market from Japan to the United States to reduce export expenses. Last year, South Koreans bought 4,200 Toyota Camrys making it one of the best selling foreign cars in that country. Toyota believes that [...]
They call them “transplant” automakers, and the term refers to carmakers from overseas who have factories here in the United States. Speaking earlier today at the UAW’s 2011 Management Briefing Seminar, the union’s president, Bob King, said that the vast majority of those companies have agreed to confidential discussions about the UAW organizing those facilities. [...]
Despite severe shortages in the Infiniti inventory, which resulted in a sales dip of 24% for that brand caused by last March’s earthquakes and tsunami in Japan, Nissan’s sales increased by 17% in June, with the sales for Nissan North America Inc. rising to 71,940 units – an 11 percent increase. All totaled, Nissan Division [...]
I was watching old episodes of the British car show Top Gear the other day, when, as part of a challenge, Jeremy Clarkson suggested that it was better to fill gas in the morning, because it will cooler, and therefore denser, which gives you more bang for your buck. I’ve often heard that rumor – [...]
The iconic American brand Jeep announced recently that it has big plans to increase sales in the European market from 25,000 to 125,000 in the next three years. The goal (which is to culminate in 2014) is part of the automaker’s master plan to improve global sales from 420,000 units (in 2010) to 800,000 units [...]