Brazil Sizzles, Europe Slows


Brazil­ian Mar­ket a Boom­ing Free-for-All
While the plan still needs final gov­ern­ment approval, BMW is set to become the lat­est mak­er to open an auto­mo­tive assem­bly plant in Brazil.  The new fac­to­ry is expect­ed to pro­duce about 30,000 vehi­cles a year once it opens in 2014 in the south­ern state of San­ta Cata­ri­na.

Depend­ing on how you mea­sure it, Brazil has become the world’s third or fourth-largest nation­al auto­mo­tive mar­ket.  But it’s by no means the only glob­al automak­er eye­ing addi­tion­al oppor­tu­ni­ties.  An even big­ger Nis­san fac­to­ry, locat­ed near Rio, is also set to open in 2014. Learn more

Ford to Shut Two Euro­pean Fac­to­ries With 4,900 Jobs Lost
Ford Motor Co. will shut two Euro­pean assem­bly plants, its first car-fac­to­ry clos­ings in the region in a decade, and cut almost 4,900 jobs to stem loss­es that the com­pa­ny pre­dicts will exceed $1 bil­lion in 2012.

A fac­to­ry in Southamp­ton, Eng­land, that makes chas­sis cabs for the Tran­sit van will close as ear­ly as next year, two peo­ple famil­iar with the sit­u­a­tion said, ask­ing not to be iden­ti­fied reveal­ing inter­nal plans. A 48-year-old plant in Genk, Bel­gium, that builds the Mon­deo mid-sized sedan, S-Max wag­on and Galaxy mini­van will close by the end of 2014, Dear­born, Michi­gan-based Ford said yes­ter­day in a state­ment. Learn more



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