Volkswagen has announced that the company will be cutting a shift from its Russian plant in Kaluga, which will result in 150 job losses. The German automaker said, starting this April, the Kaluga car plant located in south of the capital ...
Tags: Volkswagen, Significant price, Auto Parts
General Motors is planning to build its Chevrolet brand’s $30,000 electric car Bolt at a small-car plant at Orion Township in north of Detroit. The company previously unveiled the car at the Detroit auto show and has set a ...
Tags: General Motors, Chevrolet, electric car
Mercedes-Benz has broken ground at its passenger cars plant in Brazil, which is a part of the company’s global production network expansion plan. The plant is located at Iracemápolis near Sao Paulo and the German car maker ...
Tags: Mercedes-Benz, Car Plant
Toyota Motor is planning to open two new assembly plants in China and one in Mexico, marking the end of its three-year freeze on building new vehicle assembly plants. Reuters reported Toyota's North American head Jim Lentz as saying that ...
ŠKODA wants to continue to grow in China. The highlight of ŠKODA's presence at the Auto Guangzhou (20-29 November) is the Chinese premiere of the 'KODA VisionC' show car. With its expressive, modern and young design language, the ...
Tags: ŠKoda Visionc, emotional power, Auto
Mercedes-Benz has announced that it will invest more than €3bn to strengthen four of its plants in Germany. The company is planning to invest €1bn in Sindelfingen plant where it plans to develop future products, another ...
Tags: Mercedes-Benz, Car, Auto, Vehicle
General Motors (GM) is planning to invest $185m for the production of small gas engines at the Spring Hill car plant in Tennessee, US. GM is planning to launch "Ecotec" engine family for 27 models across five of its brands by 2017, and ...
German automobile producer BMW has announced that it will invest $1 billion in its first production plant in Mexico, which is to be built in close proximity to the city of San Luis Potosí. BMW board member Harald Kruger said the new ...
German automobile manufacturer Opel is set to invest EUR4bn to develop new vehicles and engines over the next four years. The European arm of American automaker General Motors (GM) making the investment to generate profits by ...
Tags: Insignia mid-sized cars, Opel, New Vehicles
Indian automaker Hindustan Motors (HM) is set to sell or lease its car manufacturing plant in Tiruvallur, Tamil Nadu, India to raise INR1.5bn ($24.1m). The company is currently seeking the shareholders approval through a postal ballot for ...
Chinese automotive manufacturer FAW is to build an assembly plant in Algeria producing 10,000 vehicles per year under an agreement signed with private Algerian firm Arcofina, the company's CEO said. The deal provides for an initial ...
Tags: FAW, ink, automotive, plantAlgeria
FAW Group has reportedly signed a Memorandum of Understanding to construct a vehicle plant in Rason, a port city in North Korea's far north east, close to the Chinese and Russian borders. North Korea's car industry is famously almost ...
Tags: Transportation, Auto Parts, Car
German automaker Daimler is planning to invest about EUR2bn in China, as part of its efforts to double capacity at its Chinese joint venture, Beijing Benz Automotive, to 200,000 units per year over the next two years. The latest ...
Peugeot is planning to shut down and sell off a 30-year-old French plant while vowing to save its more than 600-strong workforce. The Financial Times reports that PSA Peugeot Citroen, Europe's second-biggest car maker by sales, plans to ...
Tags: Peugeot, Transportation
Production of the all-new Honda NSX will begin in 2015 at a new $70.8 million performance manufacturing centre in the US. The new Ohio-based facility – located close to where the NSX is being engineered – will exclusively ...