Michael Robinet News
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Honda Motor Co., the first Japanese automaker to build cars in the U.S., is consolidating corporate operations for North America in Ohio and setting up a regional support services unit there to boost efficiency.
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In the waning days of 2012, car dealer Gordon Stewart’s Chevrolet showrooms were jammed with tire-kickers he hadn’t seen in a while: truck buyers. At his dealership in Garden City, Michigan, he sold 44 Silverado pickups in two days, five times his typical sales volume.
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Parts shortages caused by Japan’s record earthquake may reduce global automobile production by about 30 percent, research firm IHS Automotive said today.
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Toyota Motor Corp.’s plan to source cars from Mazda Motor Corp.’s Mexican plant starting in 2015 highlights global automakers’ growing reliance on the Latin American nation for quality production as well as lower costs.
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Ford Motor Co . plans to invest $400 million and build a new model at its factory in Claycomo, Missouri, after moving production of the Escape small sport- utility vehicle to another state.
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Ford Motor Co ., the world’s most profitable automaker, is hiring 1,800 workers and spending $600 million to overhaul a factory in Louisville, Kentucky, to build small sport-utility vehicles.
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Mexico’s share of North American auto production may rise at a quicker pace as General Motors Co., Ford Motor Co. and Chrysler Group LLC seek out workers making less than 10 percent of what their U.S. counterparts earn.
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General Motors Co. redesigned its Chevrolet Malibu with better fuel economy and sportier looks as the automaker seeks to regain sales in the U.S. and improve the Chevy brand’s global reputation.
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Ford Motor Co., with overseas losses reducing total profit, is under pressure to close at least one factory in Europe, where it may have more excess capacity than General Motors Co.
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Ford Motor Co. and Toyota Motor Corp., the world’s biggest seller of gasoline-electric autos, plan to collaborate to develop a hybrid system for pickup trucks and sport-utility vehicles as U.S. fuel-economy rules tighten.
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