TEHRAN, Mar30-Brazilian automaker CAOA has signed a confidentiality agreement to negotiate a potential purchase of Ford Motor Co’s plant in the industrial city of Sao Bernardo do Campo, according to a source familiar with the matter.
TEHRAN, September 04 - Some automakers in China are alarmed by proposed government restrictions on investing in new manufacturing capacity and the ways in which Beijing is trying to trigger consolidation of the country’s flabby auto industry through mergers and strategic cooperation.
TEHRAN, July 01 -US automakers and manufacturers have cautioned that President Donald Trump’s insistence on imposing major tariffs on imported automobiles may lead to rising unemployment and harm the nation’s economy.