Latin America Newsletter
RICHMOND, Va. — It really didn't take long for Mark Smith to decide which of the four major charities he supports would benefit from his latest accolade.
Latin America presents a series of specific challenges for the automotive original equipment manufacturers willing to operate in the region, among which is a deeply rooted and institutionalized unofficial aftermarket, where cheaper generic, counterfeited (generally of Asian origin) or even stolen replacement parts are commercialized, sometimes as authentic.
With Americans turning their backs on hybrids, Toyota Motor Co. Ltd. is marketing its Prius hybrid as a tech-forward alternative in Latin American countries where gas-electric vehicles have been rare.
MIAMI — Tire Group International L.L.C. has upgraded its Cosmo-brand tire range as it prepares to offer the brand in Europe for the first time.
ROME — The Mexican government has bestowed its highest honor for non-Mexican citizens on Marco Tronchetti Provera, executive vice president and CEO of Pirelli & C. S.p.A., in recognition of his efforts to strengthen economic relations between Mexico and Italy.
MEXICO CITY — Sales to the public of electric and hybrid vehicles in Mexico in the first eight months of this year showed robust gains over the previous year's period.
STUTTGART, Germany — Daimler A.G. is looking to new horizons, like South America, for its new Mercedes-Benz X class pickup truck.
AKRON, Ohio — Los proveedores de servicio automotriz deben hacer caso al viejo principio de los contratistas: los clientes pueden conseguir un trabajo que es bueno, barato o rápido, pero no los tres al mismo tiempo.
BETHESDA, Md. — La Asociación para el Cuidado Automotriz (ACA) presentará una misión comercial de dos días a Costa Rica el próximo año como parte del programa de desarrollo de exportaciones promovido por el Departamento de Comercio.
AKRON — Automotive service providers should heed the old contractor's axiom: Customers can get work that's good, cheap or fast, but they can't have all three.