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Mexico plant to build Honda Fit for U.S. market

Honda Motor Co. has confirmed it will build its Fit small car at its new plant in Mexico for export to the United States and other markets, as it expands its local production footprint to combat the Japanese yen's profit-eating strength. The plant, near Celaya, Guanajuato, will begin operation in 2014 with a capacity of 200,000 vehicles a year.

Tata is leading JLR bidder

By Ben Pulman Motor Industry 03 January 2008 13:16 Ford looks set to sell Jaguar/Land Rover (JLR) to Tata. In a statement to JLR workers today, Ford of Europe chairman Lewis Booth said: ‘Ford is committed to focused negotiations at a more detailed level with Tata Motors concerning the potential sale of the combined Jaguar Land Rover business.’ This is the first time that Ford has publicly revealed the identity of any bidder for JLR.   JLR has been up for sale since June 2007, and other potential bidders include rival Indian vehicle maker Mahindra Group and private finance group One Equity fronted by former Ford CEO Jac Nasser. Tata itself already owns a few famous names, including Tetley Tea and Corus (formerly British Steel).

More power and track bias for ultimate Megane RS

By Phil McNamara Motor Industry 05 October 2006 01:07 Renaultsport is unleashing its most honed Megane yet – the catchily named 230 F1 Team R26. The £19,750 hot hatch is based on the track-focused 225 Cup edition, but with power bumped to 230bhp, tauter suspension and a limited slip differential to boost traction. A rasping sports exhaust and ECU tweaks boost the 2.0-litre turbo engine’s power from 225 to 230bhp.