GREER, SC-November was one of BMW Group’s worst months in five years, but the company says its ongoing U.S. expansion is still on schedule and under budget. MORE
BUDAPEST, Hungary-Bucking the global downturn in vehicle sales, Mercedes-Benz and Hyundai are among a handful of multinational car companies opening new factories in Eastern Europe. MORE
DETROIT-General Motors Corp. says it is moving ahead with its investment plans for Latin America even as it continues fighting to stave off bankruptcy. MORE
NEW YORK-Analysts are anticipating a 36 percent drop in November vehicle sales for North America to a seasonally adjusted annualized rate of 10.2 million vehicles. MORE
LONDON-As the global financial crisis makes consumers increasingly reluctant to part with their cash, carmakers in Europe, Asia, Africa and North America are all cutting back on the number of vehicles they produce. MORE
LONDON-In November, factories across Europe put in their worst performance since private survey records began more than a decade ago, intensifying pressure for aggressive interest rate cuts this week. MORE
MUMBAI-Indian automakers are aggressively recruiting top homegrown engineers and ramping up research and development teams in what they insist is a serious effort to enter the U.S. automotive market. MORE
PRAGUE-South Korean car maker Kia Motors is considering investing $200 million in a new engine plant in Slovakia, doubling its production capacity in the country. MORE
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