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CARACAS, VENEZUELA: Venezuelans, who enjoy free highways and dirt-cheap petrol, are struggling to buy cars as production falters because of a lack of foreign currency to pay for imported parts.
12 May 2014
CARACAS, VENEZUELA: Toyota is halting production at its only assembly plant in Venezuela because the world's largest car manufacturer lacks the hard currency to import parts due to government controls, a factory official said last week.
10 Feb 2014
CARACAS, VENEZUELA: The Caracas government has announced that the French car company PSA Peugeot Citroen will assemble vehicles in Venezuela from the end of next year.
5 Dec 2013