Jetta GLI might offer better deal than the Golf GTI, says VW product developer
While no pricing has been announced, Volkswagen Product Developer Adam Reinhardt revealed to Motor Trend that, despite being on the same platform, with the same running gear and similar equipment, the new Jetta GLI might be a better deal than the Golf GTI.  The new model will receive all of the up...
Mexico automotive trade surplus hikes 17% in 2018, official figures show
Just as expected, in 2018, Mexico’s automotive trade balance reached a US$ 82.88 billion surplus, which represented an increase of 17.1% compared to the US$ 70.76 billion in 2017 and the highest growth that the industry has posted since 2013, according to Inegi data. Eduardo Solis, president of t...
Trump receives automotive tariff probe report; Mexico likely to be exempted
U.S. Secretary of Commerce Wilbur Ross on Sunday submitted the findings of a probe on whether imported vehicles and auto parts pose a national security threat, which could lead to a new round of tariffs. Trump now has 90 days to decide whether to act on the recommendations. The investigation starte...
FCA fourth quarter 2018 net income hikes 61% on higher light truck sales in North America
Fiat Chrysler Automobiles (FCA) reported fourth-quarter 2018 net income of 1.29 billion euros (US$1.47 billion), which is 61% higher compared to same period from previous year, on a 6% increase in revenue. Excluding one-time items, FCA earned 1.04 euros (US$1.18) per share, up 49% from its year-ago ...
GM's white-collar cuts reach Mexican operations, says report
As is happening in the United States and Canada, in Mexico, and specifically in Ramos Arizpe, Coahuila, the staff cut announced a few months ago by General Motors for North America began last week. Local media reported that several employees of high positions were dismissed this week, which generat...

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