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  • BMW to export iX3 electric SUV in U.S. from China
    24 Apr 2018

    China and the U.S. might not be in th eir best relationship nowadays, but that doesn’t mean BMW will give up its sales goals. BMW will export its first full-electric SUV, called the iX3, to global markets after it goes into production in 2020 at its joint-venture plant in China.  The iX3 project makes BMW the first major luxury-car maker to ship high-tech vehicles from China, in a sign consumers no longer equate the country with cheap products. It positions the Shenyang site to supply SUVs to the U.S., the second-biggest market for BMW, even with the question of higher Ame...

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  • Ford Mustang Was The Best Selling Sports Coupe of 2017
    16 Apr 2018

    For Ford Mustang enthusiasts, April 17 is a special date. In 1964, Ford unveiled the pony car at the World’s Fair in Flushing Meadows, New York. It became an overnight sensation. Now, 54 years later, the iconic muscle car is the best-selling sports coupe in the world for 2017. Ford sold 125,809 Mustang coupes and convertibles in 2017.  The world is falling in love with this car, Mustang representing the best of American design, performance, and freedom with unmistakable personality. The United States is the car’s best market. Ford sold here 81,866 Mustangs. But, other mar...

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  • The reworked NAFTA rules have been announced
    01 Apr 2018

    Very soon the new rules under the reworked NAFTA will be introduced. According to the sources, the North American Free Trade Agreement stipulates that a certain amount of automotive production must be carried out in areas paying higher salaries.  Setting such wage requirements for the auto industry under the North American Free Trade Agreement could benefit the United States and Canada, whose unions say that lower Mexican pay has caused a drift in manufacturing capacity to Mexico. The U.S. plan aims to explore what percentage of output could be in areas paying higher salaries, and at...

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  • Trump's steel and aluminum tariffs will boost vehicle prices
    05 Mar 2018

    The auto industry is warning that US sales declines, which have been consistent over the past year, may continue thanks to tariffs US President Donald Trump plans to slap on steel and aluminum imports.   Toyota Motor, which plans to build a new $1.6 billion factory in Alabama with Mazda Motor, said the administration's decision will "adversely impact" car companies by raising costs and prices of cars and trucks sold in the US. That's even as more than 90 percent of the steel that Asia's biggest carmaker uses in the US is from that country. Trade groups represent...

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  • Ford is planning to end North American production of Fusion
    15 Dec 2017

    Ford Motor Co. plans to end North American production of its Fusion midsize sedan at the end of the decade. The automaker has begun informing suppliers that it will not build the next-generation Fusion at its plant in Hermosillo, Mexico, where the car is currently made. It’s unclear whether Ford would stop selling the Fusion in the U.S., replace it with a different vehicle, or build it elsewhere. A spokesman declined to comment.  The car will not be shipped to the United States from China, Ford said Wednesday, denying a Reuters report that the automaker would consolidate global...

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