Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Nissan to shift Versa/Tiida production from Japan to Mexico]]>http://www.autoblog.com/2009/02/22/nissan-to-shift-versa-tiida-production-from-japan-to-mexico/http://www.autoblog.com/2009/02/22/nissan-to-shift-versa-tiida-production-from-japan-to-mexico/http://www.autoblog.com/2009/02/22/nissan-to-shift-versa-tiida-production-from-japan-to-mexico/#commentsFiled under: ,



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 American-market models are already built in Mexico, and this would consolidate production. CEO Carlos Ghosn already announced cost-cutting efforts that would eliminate 20,000 jobs worldwide, including 12,000 in Japan. The U.S. dollar has dropped 15 percent against the yen in last six months, costing Nissan nearly $1.3 billion.

[Source: Automotive News - Sub. req'd]

Nissan to shift Versa/Tiida production from Japan to Mexico originally appeared on Autoblog on Sun, 22 Feb 2009 11:03:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>exchange rateexchange ratesExchangeRateExchangeRatesmexicomexico productionMexicoProductionnissan tiidanissan versaNissanTiidaNissanVersaSun, 22 Feb 2009 11:03:00 EST<![CDATA[Ford eyeing Mexico for Fiesta production]]>http://www.autoblog.com/2008/05/30/ford-eyeing-mexico-for-fiesta-production/http://www.autoblog.com/2008/05/30/ford-eyeing-mexico-for-fiesta-production/http://www.autoblog.com/2008/05/30/ford-eyeing-mexico-for-fiesta-production/#commentsFiled under: , , , ,



Ford has been teasing us with a US-bound Fiesta for years, and the Blue Oval has only said that the well-executed B-car would be built in North America. With time to start producing Fiestas running short, Ford appears ready to publicly announce where the vehicle will be built, and it looks like the Fiesta will be made south of the border. The extremely low cost of labor in Mexico makes building inexpensive economy cars there a no-brainer, and Ford's Cuatitlan plant already builds the current Euro Fiesta and a Fiesta-based vehicle for the Mexico/Brazil markets.

The Fiesta is scheduled to appear Stateside by 2010, but with the radical shift towards smaller, more efficient vehicles, we wouldn't be surprised if Ford bumped up that timeline.

[Source: Detroit News]

Ford eyeing Mexico for Fiesta production originally appeared on Autoblog on Fri, 30 May 2008 09:01:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CuatitlanFord FiestaFordFiestaMexico productionMexicoProductionverveFri, 30 May 2008 09:01:00 EST