DEARBORN, MI—Some 52,700 UAW workers will get an average profit-sharing bonus of $9,300 in March, following the Ford Motor Co.’s announcement that it earned a record $7.4 billion profit in 2015.
HUMBLE, TX—It’s back to the future—and back into production—for the DeLorean. The sleek sports car, immortalized in the “Back to the Future” movies, is going to start rolling out of an assembly plant here next year after a 34-year break, the DeLorean Motor Co. announced Wednesday.
DETROIT—Convinced that the American auto market has fundamentally changed, Fiat Chrysler Automobiles is prepared to stake much of its future on the success of its Jeeps and Ram pickups. The company outlined a strategy that calls for sweeping changes to its North American production footprint, including a plan to walk away from building small and midsize sedans to free up capacity that can be used to make more sport utility vehicles and trucks.
SAN ANTONIO—Takata Corp. has officially opened its newly expanded factory here for making seat belt buckles. This photo essay provides a behind-the-scenes look.
AVON LAKE, OH—Ford Motor Co. will add Super Duty chassis cab capacity to its Ohio Assembly Plant here. Until now, Super Duty has been built at the automaker’s Kentucky Truck Plant in Louisville.
MEXICO CITY—Ford Motor Co. is planning to spend about $1 billion on a new assembly plant in Mexico, less than a year after committing $2.5 billion to the country to expand an existing factory and build a new transmission facility.
INGERSOLL, ON—After beginning a hiring spree last November, the CAMI Automotive assembly plant is still in need of production associates and electricians.
TOKYO—Honda Motor Co. and General Motors Co. plan to set up a joint assembly plant to manufacture fuel cells. The goal is to reduce the market price of fuel-cell vehicles to levels that can compete with gas-electric hybrid vehicles.