STOCKHOLM, Sweden-Ford subsidiary Volvo Cars may move some of its production capacity to North America. The United States represents the company’s main market, accounting for 23 percent of its sales. MORE
TOKYO-Despite talks of recession, Honda is still projecting 2.5 percent growth in the United States this year, forecasting total sales in 2008 of 1.4 million vehicles. MORE
INGOLSTADT, Germany-According to reports, Audi is considering building a production plant in the United States in an effort to boost market share in North America. MORE
DETROIT-Officials say General Motors Corp. and the United Auto Workers are close to agreement on another round of buyout offers to cut the number of workers in jobs banks and clear openings for workers hired at lower-tier wages. MORE
ERLANGER, KY-Toyota Motor Engineering & Manufacturing North America Inc. built 1,671,009 vehicles and 1,571,872 engines in 2007, a new company record. Since 2002, Toyota's production volume in North America has increased 39 percent. MORE
MOSCOW-Russian truck maker Kamaz Inc. may team up with its Indian partner, Tatra Vectra (New Dehli, India), to build a truck assembly plant in Tennessee. MORE
PARIS-The European aerospace group EADS is buying up U.S. defence companies whenever possible as it seeks to escape the crippling effects of a strong euro and reduce its dependence on plane-maker Airbus, says group CEO, Louis Gallois. MORE