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Fillmore, California, United States
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Mexico plant to build Honda Fit for U.S. market
Thu, 29 Mar 2012Honda 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.
Driving licence costs to be cut by almost a third
Mon, 28 Jul 2014The cost of a driving licence is going down Actually the cost of applying foe a driving licence is a drop in the ocean compared with just about every other motoring cost, but the news that the Government are planning to cut the cost of anything is always welcome news. The Roads Minister, Stephen Hammond, has announced that the Government is planning to cut the cost of applying for your first driving licence from £50 to £34 if you process your application digitally and by 15 per cent if you do a paper application. That will also see the 10 year renewal of photo licences fall from £20 to £14 and driver tachograph card – for commercial drivers – will also drop from £38 to £32.
Ferrari posts huge profits - by building fewer cars
Tue, 18 Feb 2014AP Ferrari today announced an 8% jump in trading profits to €363.5 million in 2013 - despite selling 5% fewer cars. It's all part of the supercar maker's planned reduction in supply to keep values and demand for Ferraris rock-solid, Maranello reported. Turnover and profit all surpassed previous records, despite the reduction in the number of cars built.