Toyota Australia has announced a $123 million investment in its Victorian manufacturing operations, shoring up its presence on the local automotive scene until at least 2018. The funding will support the production of a “major ...
The Federal Chamber of Automotive Industries (FCAI) says sales of new vehicles will plummet at least 10 per cent if the federal government continues with its planned fringe benefits tax (FBT) changes. FCAI CEO Tony Weber said its analysis ...
Tags: Tax Changes, Fringe
South Australian Premier Jay Weatherill has hinted Holden could receive additional government funding to help shore up its local manufacturing future. Weatherill told News Limited he was prepared to go to great lengths to save Holden, ...
Tags: Transportation, auto, car
Toyota Australia has reported an after-tax profit of $149.1 million for the 2012-2013 financial year ending March 31. The positive fiscal result represents a $181.7 million turnaround from the natural disaster-affected 2011-2012 financial ...
Tags: Toyota, Transportation, car
Toyota will host a development forum for Australian car component suppliers tomorrow, as a part of the car maker’s efforts to support the local manufacturing industry. The goal of the forum is to encourage local suppliers to become ...
Tags: Car Industry, Toyota
American & Efird Inc. (A&E) — a Mount Holly, N.C.-based manufacturer and distributor of industrial and consumer sewing thread, embroidery thread and technical textiles — has licensed Textil El Amazonas S.A. — a Peru-based ...
Tags: Textile, America, El Amazonas
US based automobile manufacturer General Motors (GM) is planning to increase the exports from China by about 70% to130,000 vehicles in 2013, compared to the 77,000 vehicles last year. The rise in exports are expected to meet the growing ...
Tags: General Motors, SAIC
Ford employees displaced by the impending closure of the company’s Victorian manufacturing plants will benefit from an additional $25.1 million thanks to fresh support pledged by the car maker and the Federal Government. In a joint ...
Tags: Ford, Manufacturing Employee
Speculation is rife that Ford Australia is set to announce today the closure of its Broadmeadows and Geelong production plants. The local car maker issued a statement at 9:15am today alerting the media to a press conference at 10:45am, in ...
Tags: Auto, Transportation, Ford
Ford Australia has confirmed it will end local vehicle production in October 2016, signalling the death of the Ford Falcon and Territory and the loss of 1200 Victorian jobs. Ford Australia president and CEO Bob Graziano said rapidly ...
Tags: Ford, Auto, Transportation
Holden managing director Mike Devereux has responded to this morning's announcement that Ford will close its Australian manufacturing operations, saying that he "truthfully believe[s] that not only can auto making in this country survive, ...
Tags: Auto Parts, Transportation
Editor’s Note: The following column by Reed Langton, senior application engineer, Bastian Solutions, is part of Modern’s Other Voices column. The series features ideas, opinions and insights from end users, analysts, systems ...
Tags: Automation, Machinery
At the end of March this year, 5.2 million people worked in local manufacturing units with 50 or more employees in Germany, up 0.8 percent compared to the end of March 2012 and stable compared to the end of February this year. As reported ...
Tags: German Motor Vehicle, German Motor, Vehicle
The denim manufacturers of the US are planning to relocate production base to Mexico since the European Union has tripled the import tariffs on ‘Made in US’ women’s denim trousers. Last Month, European Commission ...
Tags: Denim Maker, Apparel
Perhaps it's the growing network of bike paths, trails and green lanes. Or Chicagoans coming to the realization that it takes longer to drive somewhere than to bike. But retailers we visited on day two of the Dealer Tour report a growing ...
Tags: bike paths, bike