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The Volkswagen Atlas is yet to be sold in the US but it does look like the company is already preparing to expand its client base. As earlier reported, Volkswagen of America will be exporting the big SUV to Russia and will be using an exclusive 2.0 litre 4-cylinder diesel for its engine. This was revealed during the press interview at the Los Angeles Auto Show with Juergen Stackmann. When asked to comment whether the Atlas is going to be sold in Western Europe, Stackmann stated that the company has been eyeing Russia.
At the same event, Volkswagen’s head for Sales and Marketing also mentioned that they are considering other countries. But no other country has been specifically named afterwards. Instead, the Atlas will also be available in China beginning next year under the name Teramont. It is also believed that the Teramont will be slightly modified for its market. Considering this, Volkswagen has already confirmed that the particular model will be assembled locally in China and will not come from the US.
The Atlas was actually inspired by the CrossBlue concept three years before. Like this, it was created with Volkswagen’s MQB modular design platform. In fact, Audi A3 and Volkswagen Golf have been using the same platform as well. All these years, Volkswagen has picked out names that start with the letter T for its mid-size SUVs.Read the entire article VW to export Atlas to Russia with exclusive 2.0 litre diesel engine
The growth of the auto industry in Mexico will continue to surge as carmakers are bent on pouring more money into the country’s economy. So far, carmakers have invested or announced investments of around $20 billion into their operations in Mexico, as they try to take advantage of the country’s proximity to the United States, lower labor costs and free trade agreements.
In fact, vehicle exports from Mexico are expected to surge to 2.9 million this year -- over 70 percent of which are bound for the US, according to the Mexican Automobile Industry Association. In December 2014, exports jumped 21 percent year-over-year to 195,091 light vehicles and cars.
Trade group INA considers Mexico as the sixth-largest producer of auto parts in the world with an estimated $81.5 billion in sales last year. Eduardo Solis, the AMIA's president, remarked that the growth in production and in exports in Mexico has been spectacular, which reflects the confidence the industry has in the country.Read the entire article Mexican auto exports to surge further as carmakers spend more
Fiat Chrysler Automobiles is now back in the business of exporting vehicles from Brazil to Mexico as a weaker Brazilian currency hikes value of exported products and as the carmaker tries to offset slumping demand in the country. According to Cledorvino Belini, Fiat Chrysler’s chief executive officer for Latin America, the last time the carmaker made a substantial export to Mexico from Brazil was in 2010 with around 15,000 shipped.
He expects the Brazilian real to further weaken against the dollar next year from the current BRL2.68 per dollar to BRL2.80 per dollar – a situation that could further shift the dynamics of bilateral auto trade between the two countries.
In 2012, Brazil pressed Mexico to limit its vehicle exports since a strong real and an over-surging Brazilian economy has resulted to a large inflow of cheaper vehicles from its northern neighbor.Read the entire article Fiat Chrysler resumes vehicle export from Brazil to Mexico
Serbia could agree with Russia to place a quota on locally made Fiat cars exported to its neighbor, according to Serbian Prime Minister Aleksandar Vucic. Since a free trade pact between the two countries exclude autos, Serbia exports to Russia carry high customs duties.
Serbia’s request to include autos in the free trade agreement to locally made cars more competitive in Russia has so far fallen on deaf ears. Vucic announced the good news during a recent visit by Russian President Vladimir Putin to Belgrade.
“We will have a certain possibility to export a quota of Fiat (cars)." Fiat currently operates manufacturing site in Kragujevac, Serbia, which commenced producing Fiat 500L in July 2012 for export to the European Union and United States.Read the entire article Serbia and Russia could agree on quota on Fiat exports
South Carolina is considered as a rural state, but BMW AG’s manufacturing facility in Spartanburg has etched its name as a model for the auto industry. BMW commenced building vehicles at its Spartanburg site around 20 years, and has found the site essential for protect its profit margins and staying ahead of its German rivals Audi and Mercedes-Benz.
Erik Gordon, a professor at the University of Michigan's Ross School of Business, remarked to Bloomberg that the Spartanburg site has shown the world that good cars could be made at a reasonable cost in the United States.
He said that the site led to a revival of automaking, initially in the southern states and then in Detroit. BMW is currently expanding the site and has earmarked a total of $7.3 billion for the project -- more than seven times than how much Volkswagen AG invested on a new plant in Tennessee.Read the entire article Spartanburg-made BMWs are most exported US-built light vehicle
Volvo is intending to commence exporting China-built cars to the United States and Russia as early as 2015, a senior Volvo executive told Reuters. With support from Chinese owner Zhejiang Geely Holding Group, Volvo would commence shipping the S60L -- a long-wheel-based version of the S60 -- to the US and the XC90 SUV to Russia as soon as end of 2015.
A site in Chengdu started building the S60L sedan late 2013, and the second site in Daqing is ramping up output of the XC90. The executive said Volvo will eventually export around 10,000 S60Ls and a few thousand XC90s annually, noting that the carmaker believes it could minimize foreign exchange risks by adding China as a production base, despite worries about the quality of China-built products.
The executive said that the US dollar and the Chinese yuan have the “best relationship,” which is more stable than the euro and the dollar. David Ibison, Volvo's global head of media relations, has confirmed plans to start exporting from China, but said that the timing and target markets had yet to be determined.Read the entire article Volvo wants to export China-built S60L and XC90 to US and Russia next year
General Motors will commence shipping vehicles from India in the second half of 2014, as the carmaker bids to use more of its local capacity and offset the a slump in the domestic vehicle market. GM’s Indian operation will first export the left-hand-drive version of the Chevrolet Beat minicar -- labeled as the Spark in the United States – to Chile in the first quarter of 2015.
The Beat will be built at GM’s Talegaon plant in India. The Beat is currently GM’s best-selling nameplate in India after launching the minicar in the country in 2010.
GM India President Arvind Saxena said in a statement that the decision to export vehicles from the country reflects higher level of confidence in the quality of local supply base. He added that move is also made to offset slumping sales, keep the carmaker’s Telegaon plant churning out products and create more employment opportunities.Read the entire article GM India to commence exports starting second half of the year
General Motors is cutting its production in South Korea after losing a very valuable market in Europe, but is looking to shift its products to new export markets like Australia. GM Korea has been in hard times since last year. Following an announcement of a $7.3 billion investment into its Korean operations in February 2013, GM Korea’s labor union launched a strike demanding for higher pay and lesser working hours.
Likewise, the appreciating South Korean has undermined the competitiveness of GM's exports from the country. And then in December 2013, GM decided to pull Chevrolet from Europe, which left GM Korea dealing with 150,000 units of excess capacity.
Sergio Rocha, president and chief executive of GM Korea, managed to negotiate compromised with unions on slumping production and implemented white-collar buyouts. He also saw GM Korea post record sales of 151,341 vehicles in South Korea in 2013, giving the carmaker a 10-percent share of the country’s auto market.Read the entire article GM Korea looking to export products to new markets like Australia
Mexico is primed to overtake Canada and Japan as the largest auto exporters to the United States. In 1990, Mexico exported fewer than a quarter of a million vehicles to the US. But according to IHS Automotive, Mexico is expected to export 1.9 million vehicles into the US in 2015, effectively dethroning Canada as the biggest exporter of cars to the country.
The significant surge in auto exports from Mexico to the US has been boosted by lower tariffs under the North American Free Trade Agreement. For this year, Mexico is expected to overtake Japan as three Japanese carmakers -- Nissan Motor Co., Honda Motor Co. and Mazda Motor Corp. -- will open three sites in the Latin American country in four months.
Guido Vildozo, an IHS Automotive analyst, remarked that Mexico-built vehicles sold in the US will reach 1.69 million this year, topping the 1.51 million Japan-built vehicles. He added that by next year, Mexico-produced vehicles sold in the US will reach 1.9 million, topping Canada's 1.87 million.Read the entire article Mexico expected to surpass Canada and Japan as biggest exporters to US
For the first time, Honda Motor Co. in 2013 exported more cars from the United States than it imported from Japan. Honda exported 108,705 US-built Honda and Acura vehicles, compared with the 88,537 vehicles shipped in from Japan. "Achieving net-exporter status is a natural result of our commitment and investment in the U.S. and North America," Tetsuo Iwamura, president and chief executive of Honda North America, said in a statement.
In 2013, Honda set calendar-year records for vehicle production at its sites in North America and the US. In North America, Honda’s output rose 5 percent to 1.78 million Honda and Acura vehicles in 2013 – with its US sites building a record 1.3 million vehicles for a 7-percent increase.
Honda will start production of the Honda Fit next month at its Celaya site in Mexico, which is its eighth assembly plant in North America. The site raised the annual production capacity to 1.92 million units. Honda sells its US exports to over 50 countries like Saudi Arabia, Russia and the United Arab Emirates.Read the entire article Honda had more US exports than Japan imports in 2013
Exports from Japan had been selling well for the ninth month in a row in November 2013, thanks to more car shipments to the United States and China. The volume of cars exported to China and the US climbed 185 percent and 13.2 percent. The jump in China sales was logged a year after consumers in the country initiated a boycott of Japanese products following a row over disputed islands in the East China Sea. Cars are also becoming another hot item in the US as the country’s economy continues its road to a steady recovery. Likewise, a weaker yen compared to the US dollar gives a competitive advantage to exporters like Toyota Motor Corp., according to analysts.
"The weak yen is having its effects on Japanese exports albeit slowly, giving carmakers some room to cut prices," said Taro Saito, senior economist at NLI Research Institute. He noted that demand in China should not be expected to accelerate “from now on” since the Chinese economy is heading for a stable slowdown.
While the Japanese yen has depreciated around 16 percent against the dollar this year, export gains have fallen short of early expectations, even dropping 0.2 percent in November from the previous month on a seasonally adjusted basis.Read the entire article Japan exports surge in November for 9th straight month
General Motors is considering a plan to export vehicles from South Korea to Australia as part of a global restructuring that entails dropping the Chevrolet brand in Europe and scrapping production in Australia, a source told Reuters. Australian media reported that GM has decided to withdraw from the country as early as 2016, which means vehicles to be sold there has to be sourced elsewhere.
One possible source is South Korea, where GM's sites are affected by a recent announcement that it will drop the Chevrolet brand in Europe by the end of 2015. While GM Korea exported 187,000 Chevrolets to Europe in 2012, the brand has failed to capture a significant market share.
"GM Korea could consider exporting Korean-made cars such as the Cruze compact to Australia if it were to shut down a plant there," the source told Reuters, adding that the company has yet to begin talks on the plan. In 2012, GM Korea exported about 30,000 vehicles -- including Barina/Aveo subcompact and Captiva SUVs -- to Australia, sold under the Holden badge.Read the entire article GM may start exporting vehicles from South Korea to Australia
Honda Motor Co. President Takanobu Ito is aiming to have North America and other regional hubs export 20 to 30 percent of their output to other markets. This export target comes up as Honda’s top honcho expects record sales in the US in 2013 and in 2014. Honda’s sites in the US, Canada and Mexico set aside 5 percent of their production for export.
Honda wants a great part of the export increase to come from its Ohio and Alabama sites, where it is producing large vehicles suited to export markets, Ito told Automotive News.
He said that if a regional hub has a 100-percent production capacity, then 70 percent to 80 percent should be sold in the local market and the rest should be exported to other regions. This means that Honda’s operations in North America would ramp up shipments of large cars like the Accord sedan and Pilot crossover to overseas markets like the Middle East.Read the entire article Honda chief wants regional hubs to export 20-30% of output
By 2014, Toyota Motor Corp. wants to already have started exporting the compact Corolla sedan from the U.S. to 18 countries in Latin America and the Caribbean. Toyota said that the production of the Corolla models will be exported starting in April 2014 at a factory in Tupelo, Miss.
In the first year of sales, Toyota expects to export over 7,500 Corolla sedans from the U.S. to Latin America and the Caribbean.
The Toyota Corolla is also built in Canada. According to a Toyota spokesman, plants in Japan, Brazil and Venezuela will continue to be the supplier of Corolla models offered in Latin America and the Caribbean. The Corolla, which is Toyota's best-selling model around the world, was redesigned for the 2014 model year.Read the entire article US-built Toyota Corolla will be exported in Latin America, Caribbean
Opel, General Motors’ bleeding European unit, will try to counter its loss-making ways in the region by exporting its products to Russia and Turkey, GM chief executive Dan Akerson told Bild am Sonntag. Akerson told the German daily that Russia is of “great importance” for Opel. GM’s top honcho remarked that in the next few years, the vehicle market in Russia could become bigger than the one in Germany.
Opel chief executive Karl-Thomas Neumann said that the brand is growing almost twice as fast as the Russian market with sales of over 80,000 in 2013. Neumann told Bild am Sonntag in the same interview that Russian consumers consider Opel to be a "quintessentially German brand" in Russia, regarding it as a near-premium brand.
Neumann told the German daily that they expect a similar development in Turkey, where they predict to sell around 50,000 Opels a year. He remarked that Opel will continue its export campaign after penetrating markets in Australia, Chile and Singapore in 2012 and the United Arab Emirates this year.Read the entire article Opel to offset European losses by exporting to Russia and Turkey
Ford India posted a nearly 38.3-percent drop in combined wholesales and exports in March 2013, no thanks to high inflation and high interest rates that continue to dull consumer sentiments and slow down the auto industry. Ford India sold 5,271 units in domestic wholesales in March 2013, compared with 9,026 units in the same period in 2012.
The company exported 2,228 vehicles in March 2013, compared with 3,122 units in the same period in 2012. Ford India also added Gabon as its newest export market this month. The carmaker is exporting the Figo to 36 international markets.
Vinay Piparsania, executive director, Marketing Sales and Service at Ford India, remarked that despite the difficult business environment in the first quarter of 2013, the company has continued to build its brand in India with the rollout of the Figo Celebration and the Endeavour Alterrain editions. He added that they view the current downturn as cyclical and expect stronger sales growth in the future.Read the entire article Ford India suffers 38.3% drop in wholesale and export in March
Toyota will start to export U.S.-built Venza vehicles to Russia and Ukraine in 2013. Toyota already holds the title of being the all-time top exporter. In 2012, its exports had a 45% increase over the previous year with over 124,000 U.S.-assembled vehicles shipped to 21 global markets. Shigeki Terashi, president and COO of Toyota Motor North America, Inc., said that the company is “proud” that Toyota’s U.S. manufacturing operations continue to expand as a major supplier of vehicles for worldwide markets.
He said that this success can be attributed to its team members’ “dedication and high-quality work.” He anticipates that Toyota’s U.S. manufacturing base will be strengthened further with the export of Venza vehicles to Russia and Ukraine.
As soon as production starts this April, Toyota estimates that it will be able to export about 5,000 Venza vehicles to Russia and Ukraine in the first year of sales. Toyota’s Georgetown, Ky. plant will assemble these vehicles.Read the entire article Toyota will start to export US-built Venza vehicles to Russia and Ukraine in 2013
Honda Motor Co. is expecting to export more cars and light trucks from North America than it imports to the region within two years. In a statement, Honda said it will be a "net exporter," as its assembly sites in the United States, Canada and Mexico assume more responsibility for developing global models for sale in several countries.
The automaker has just marked the production of its 1 millionth export vehicle, a 2013 Accord sedan to be sold in South Korea, at its Marysville plant in Ohio. The carmaker commenced exporting vehicles from its US plants in 1987. According to President Takanobu Ito, "quality for the world, made in America” has been an important Honda commitment for the past 25 years.
It has been three decades since Honda started building in Marysville, and the carmaker is opening a new site in Mexico to produce Fit hatchbacks starting in 2014. The carmaker’s Honda and Acura brands posted a 24-percent increase in sales for the January to November 2012 period in the US, boosted by a 57-percent increase in vehicle output at its North American plants.Read the entire article Honda aiming to become net exporter of North American vehicles
Toyota commenced exporting its United States-built Venza crossovers to its distributor in South Korea in October. The carmaker’s Venza exports to South Korea are initially expected to hit around 600 units annually. The matter was announced by Bob Carter, Senior Vice President of Toyota Motor Sales USA at the Barclays Capital Global Automotive Conference.
The Venza units are being produced by team members at Toyota’s manufacturing plant in Georgetown, Ky. The plant is considered as Toyota’s largest manufacturing facility outside of Japan.
It employs around 6,600 team members directly and has created almost 20,000 jobs with vendors and suppliers in Kentucky and other states in the region. The export of the Venza to South Korea marks the first time that the model was sold outside North America. Toyota commenced exporting US-assembled vehicles in 1988, and currently exports to 21 countries around the world.Read the entire article Toyota started exporting Venza crossovers to South Korea in October
Over 90% of Fiat’s car production in Serbia will be exported through the port of Bar in Montenegro. It will start serial production of the 500L in Serbia during the second quarter. Fiat produces the Punto subcompact in Serbia. In the first year, a total of 90,000 Fiat cars will be shipped through the port of Bar.
There will be a gradual increase to 200,000 vehicles in three years, according to Montenegro's transportation ministry. In addition, this port will manage the imports of auto components from Italy for the Fiat plant in Serbia. The agreement was inked last Thursday in Bar between Fiat's shipper Grimaldi Group and Montecargo AD, which is the local provider of rail cargo services in Luka Bar.
This factory in Serbia is a joint venture between Fiat and the Serbian government. This was created when Fiat took over the now defunct Zastava Automobili in Kragujevac, central Serbia, to become the 67% owner of Fiat Automobili Srbija. The five-door 500L will start selling in the fourth quarter in Europe and in early 2013 in the U.S. market.Read the entire article Fiat to export more than 90% of its Serbian car production through Montenegro
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