On November 8, KAMAZ and Venezuelan company JC Internacional 2004 CA signed a memorandum of understanding to supply passenger vehicles and KAMAZ trucks to meet the growing demand in Venezuela. They are interested in launching a project in Venezuela for the assembly of special vehicles and buses on KAMAZ chassis from

On October 28, hiSky announced that it has been invited to participate in the upcoming BMW Group Tech Office APAC Booth in the Innovation & Incubation Zone during the China International Import Expo (CIIE) 2024 in Shanghai. 
Through its advanced satellite communication network, hiSky aims to address the growing deman

On October 20, TVS Motor Company announced its entry into the Venezuelan market. It will enter the market with 14 products including two-wheelers, and three-wheelers with their local distributor, SERVISUMINISTROS JPG. Its range would include RR 310, Apache RTR 200 FI, Apache RTR 160, TVS Apache RTR 200 in the premium

On March 23, Iran Khodro Industrial Group announced that its exports to Venezuela resumed after eight years. It has included export to Venezuela in its plans to expand export markets, profitability, and gain added value. It is seeking to increase the country's market share by exporting 2,000 Tara and Dena machines. I

On November 18, Iran Khodro announced that a contract for the export of two thousand units of Tara and Dena models was signed by Iran Khodro Industrial Group and the Ministry of Transportation of Venezuela.  In the next step, by creating the necessary infrastructure and removing obstacles, the possibility of assembli

On September 28, Iran Khodro announced the signing of a memorandum of understanding for the export of Tara and Dena Plus to Venezuela in the coming years. The Venezuelan government will soon start pre-registration of the applicants for these cars.
Iran Khodro press release

On July 7, Ford Motor of Venezuela presented the new Explorer ST, with incredible equipment, performance, comfort, and luxury.
In this way, Ford Venezuela reaffirms its commitment to offer the best of its global portfolio in the country.
“The new Explorer ST is the most powerful SUV in its class. It offers a complet

On May 17, Ford Motor of Venezuela presented the new Bronco Sport Wildtrak 4x4 to the country’s media ahead of launch.
The Bronco Sport for Venezuela is equipped with a 2.0-liter EcoBoost engine, which offers 240 hp performance and 275 ft-lbs of torque, with an average fuel efficiency of 9.8 km per liter and a tank c

Ford Motor Co is reported to offer buy-outs to the staff of its declining plant in Valencia, Venezuela as it looks to streamline its money-losing operations in the country.
Ford’s unit in Valencia, which has not received any orders for 2019, is offering the equivalent of USD 150 for each year worked to all 915 employ

Pirelli announced that it has disposed of its tire factory in Guacara, Venezuela and all other activities within the country. Since Pirelli’s Venezuelan subsidiary was deconsolidated in December 2015, the operation’s divestment will have no financial effects on the group, according to the company. (From multiple sour

Pirelli announced that it is investing EUR 250 million in the modernization of its factories in Latin America over the 2018 to 2020 period with new equipment and data integration. The primary objectives are to adopt industry 4.0 practices that connect manufacturing equipment and plants, increase plant efficiencies, a

On November 7, Ford celebrated its 55th year of uninterrupted operations in Venezuela.
During the 55 years, Ford Motor of Venezuela has assembled more than 1.5 million units with the local Venezuelan labor force, promoted the development of hundreds of suppliers of national auto parts and services for the industry, a

General Motors announced the deconsolidation of its business in Venezuela, effective as of May 1, following the unexpected seizure of GM's Valencia plant on April 18 by judicial authorities, which forced the company to cease operations.
Since then, GM has filed an appeal with the Venezuelan Supreme Court, which, if

On April 19, Venezuelan authorities suddenly seized a General Motors plant in Valencia, taking vehicles and other assets, forcing the company to halt its operations.
The seizure came in the midst of intense public protests against the government of President Nicolas Maduro.
Three people were killed on the evening o

Bridgestone Americas, Inc. announced that it has reached an agreement to divest its business in Venezuela, Bridgestone Firestone Venezolana C.A. (BFVZ), to the Corimon Group. This divestiture follows BFVZ deconsolidation in the third quarter of 2015, and a strategic decision to prioritize Bridgestone’s growth and inv

Dana Holding Corporation announced that it has completed the sale of its Venezuelan operations, C.A. Danaven, to Manufacturing and Logistics Solutions Limited, an independent and locally operated company. C.A. Danaven provides drivetrain products principally to global automotive vehicle manufacturers in Venezuela and

MMC Automotriz has stopped operations at its Barcelona plant in Venezuela because of a delay in the import of parts for assembly. Reuter reported on September 5. MMC Automotriz is Sojitz Group's subsidiary that produces Mitsubishi and Hyundai passenger vehicles as well as Mitsubishi Fuso commercial vehicles under con

ArvinMeritor announced that it has sold its 51 percent stake in Gabriel de Venezuela - a joint venture in the Chassis Systems business. The Venezuelan operation manufactures shock absorbers, struts, exhaust systems and suspension modules. (From a press release on Jun 25, 2009)