South Korea-based automaker Hyundai Motor has partnered with Bisimoto Engineering to develop a new 1,000hp vehicle, Bisimoto 2013 Hyundai Genesis Coupe, for the 2013 SEMA show in Las Vegas. The new Genesis Coupe will be equipped with ...
Tags: 1, 000hp Vehicle, Hyundai
South Korea-based automaker Hyundai Motor has opened its new vehicle testing facility, European Test Centre, at Nürburgring in Germany. The company has invested AUD9m ($8.4m) for the construction of the newpurpose-built vehicle ...
Tags: automaker, Hyundai Motor
US-based vehicle manufacturer General Motors (GM) is set to open a new spare parts distribution plant in Moscow in February 2015. This move of the company is a part of its plan to strengthen its presence in Soviet Union. For this plant, ...
Tags: vehicle, General Motors
Suzuki Indomobil Motor (SIM), an Indonesian subsidiary of Japanese automaker Suzuki Motor, has commenced the production of its 1000cm3 passenger car, Karimun Wagon R, from September 2013. The Karimun Wagon R is a passenger car with five ...
Tags: Suzuki, Transportation, Auto
Toyota Argentina (TASA), a vehicle production and sales subsidiary of Japanese automaker Toyota Motors (TMC), is set to invest $800m to increase the annual production capacity of its Zarate Plant from the current 92,000 units to 140,000 ...
Tags: Transportation, auto
German automaker Audi is set to invest EUR150m to commence the production of cars in S?o José dos Pinhais, Brazil by 2015. This new investment will see the production of the new Audi Q3 and the new A3 Sedan in the country. The new ...
China adjusted its subsidy program for new-energy vehicles on Tuesday, with the scope and depth of the policy narrowing. The move is in line with earlier remarks made by a senior official indicating that the country would shift the ...
Tags: new-energy vehicles, subsidy
German automaker Volkswagen is planning to invest $529m to commence the local assembly of new Golf model as well as restart production by its Audi division in Brazil. The automaker's subsidiary Audi will also invest about $200m to expand ...
Tags: Auto Parts, Volkswagen
Daimler Vans Manufacturing (DVM), a US-based subsidiary of German automaker Daimler, is set to expand its van assembly plant in Charleston County, South Carolina with an investment of $4.6m. This investment will be used to make ...
Tags: Daimler Vans, Van Assembly Plant
Japanese automaker Toyota Motors is developing a new hybrid version of its GT86 sports car. This new car will mark the third version for the company after the Coupe and the Convertible models. GT86 Hybrid is expected to feature a new ...
Tags: Toyota Motors, Sports Car
Spot prices of 553-grade silicon metal of 98.5% purity rose this week on supply tightness in China even as demand in the country as well as the rest of Asia remains strong. The export price was assessed by Platts at $1,870-1,950/mt FOB ...
Tags: Chemicals, Tightness Amid
Indian automaker Tata Motors has forayed into the Indonesian market with the launch three new Tata passenger vehicles through its wholly owned subsidiary PT Tata Motors Distribusi Indonesia (TMDI). The three models that have been launched ...
Tags: Motors, Auto Parts
Indian automaker Tata Motors has formed a partnership with Malaysian automotive conglomerate DRB-HICOM Berhad for the import, distribution and assembly of its commercial vehicles in Malaysia. As part of this deal, Tata has entered into a ...
Tags: Tata Motors
Japanese automaker Toyota Motors has announced its plans to invest over $28m to expand operations at its powertrain operations at two facilities in Ann Arbor, Michigan. This move is part of the company's plan to develop engines and ...
German carmaker The Volkswagen Group is planning to electrify all vehicles in its portfolio by 2018. As a part of this initiative, the company will initially introduce a total of 14 models from several Group brands with electric or hybrid ...
Tags: carmaker, Volkswagen Group