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0Nissan to shift Versa/Tiida production from Japan to Mexico 1235318580
With a rapidly appreciating yen and an expected loss of almost $3 billion for the 2008 fiscal year, Nissan is shifting some small car production to Mexico from Japan. The Versa/Tiida (as it's known elsewhere) is expected to be built south of the border for export to the rest of the world. North ...
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Euro vs. Dollar: More factories may be U.S.-bound 1185192300
How's this for a wake-up call on the state of the dollar: "If the dollar keeps slumping against the euro, the United States could become the next Mexico -- a low-cost manufacturing haven for European automakers and suppliers." With the dollar at $1.38 to the euro as of now, and expecting to drop ...
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Toyota posts big jump in quarterly profit 1147282200
Toyota's quarterly profit jumped 39 percent over year-ago figures, with the automaker earning $3.6 billion on sales of $51.6 billion in the first quarter of 2006. Those aren't exactly Exxon Mobil numbers, but they're not chump change, either. Sales were up 18 percent over the same period, and ...

