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* Australia - Ford Motor Co. will stop manufacturing vehicles in 2016
* Australia - Ford to cease vehicle production in
Campbellfield,VIC,Australia -The Detroit News, by Karl Henkel -May 23, 2013: -- Ford Motor Co. will stop manufacturing vehicles in Australia in 2016, a continent where the Dearborn automaker has produced automobiles for about nine decades... Ford on Wednesday said two manufacturing sites — Broadmeadows and Geelong — will close, resulting in 1,200 job losses. Ford said it has lost about $581 million in Australia in the last three years... The Australian car market iscomprised of comprises about 1.1 million annual new-vehicle sales split among more than 65 brands. A weakening Japanese yen compared to the Australian dollar has resulted in import vehicles that are less expensive...
*South Korea/USA - Velocity an aptly named Veloster concept car
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(Photo by Larry Edsall - Designers turned a Hyundai Velostar into the Velocity concept vehicle. The car boasts a 400-horsepower engine)
Las Vegas,NEV,USA -The Detroit News, by Larry Edsall-May 23, 2013: -- At the typical auto show, many concept cars are less about wild automotive fantasy and more about providing a thinly disguised hint to whet appetites for the next generation of production vehicles. But there are still places for designers and engineers to do some dreaming, and to encourage car enthusiasts to dream along with them. One such gathering is the annual Specialty Equipment Market Association (SEMA) Show, where aftermarket product producers and original-equipment automakers are encouraged to get wild and even wacky. And thus, the “Velocity,” a car based on the Hyundai Veloster, a sporty three-door coupe. The Velocity is the Hyundai Design and Technology Center’s answer to the question, “What if?”...
* Japan - Nissan to sell first joint minicar to expand in the market
(Photos by Tomohiro Ohsumi/Bloomberg: A worker assembles a vehicle at Mitsubishi Motors Mizushima plant in Japan. Nissan produces a minicar at the plant)
Nishi-ku,Yokohama,Japan -Bloomberg News/The Detroit News, by Ma Jie, Yuki Hagiwara and Anna Mukai -23 May 2013: -- Nissan Motor Co. will start selling its first minicar jointly developed with Mitsubishi Motors Corp. in Japan next month amid increasing demand for smaller, cheaper vehicles. Nissan began production of the minicar at Mitsubishi’s Mizushima plant in Okayama prefecture this week. The model will be sold as the Nissan DAYZ and Mitsubishi eK Wagon starting in June. Nissan, which previously sold rebadged minicars made by Suzuki Motor Corp. and Mitsubishi, is targeting to gain market share in a category that now accounts for 38 percent of new-car sales in Japan. Known as “Kei” cars and favored for their low cost and ease of handling, sales of this segment are projected to rise this year even as total industry demand shrinks with the end of government incentives, according to IHS Automotive...
Labels: automakers news worldwide
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