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Mercedes-Benz Extends Battery Production to Thailand

Mar 21, 2018

Mercedes-Benz Cars is investing more than €100m in a battery factory in Thailand. With a strategic decision Mercedes-Benz Cars is enhancing the manufacturing footprint in South-East Asia addressing growing demand for electric ...

Tags: Mercedes-Benz Cars, battery

Aston Martin Showcases Lagonda Vision Concept

Mar 12, 2018

Aston Martin has unveiled Lagonda Vision Concept, the first luxury brand exclusively driven by zero emission powertrain technologies. Production is planned to start in 2021. Lagonda aims to be the world’s first zero emission ...

Tags: Aston Martin, Lagonda Vision Concept

Renault, Brilliance China Automotive Form JV to Manufacture Light Commercial Vehicles

Dec 19, 2017

Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...

Tags: Renault, Light Commercial Vehicles

Ford Plans to Introduce More Than 50 New Vehicles in China by 2025

Dec 8, 2017

Ford has outlined the next phase of its China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. Executive Chairman Bill Ford and CEO Jim ...

Tags: Ford, SUV

Qorvo's Beijing Manufacturing Facility Earns Automotive ISO/TS 16949 Quality Certification

Jun 29, 2017

Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) says that its Beijing manufacturing facility has earned ISO/TS 16949 qualification for testing and ...

Tags: Qorvo, Automotive

Bmw M8 Sports Car Set to Arrive in 2018

May 31, 2017

BMW has announced that its new-for-2018 M8 GTE challenger will make its global race debut at next year's Rolex 24 Hours at Daytona. The new M8 model will be equipped with classic M features including larger air intakes, modified brakes ...

Tags: BMW, Sports Car

Kia Motors to Invest $1.1bn for Car Manufacturing Plant in India

May 2, 2017

South Korean automobile manufacturer Kia Motors is set to enter the Indian car market by investing $1.1bn to build its first factory in the country. The company signed a memorandum of understanding (MOU) with the State Government of ...

Tags: Kia Motors, Car Manufacturing Plant

Auto LED Market Demand Drives the Market Value

Mar 24, 2017

Benefiting from the steady LED market price and the rapid growth of the automotive lighting field, automotive LED value will reach $2. 817 billion (+14.8% YoY) in 2017, as LEDinside forecasts. Relatively speaking, the compound annual growth ...

Tags: LED market, LED, LED lighting

PSA Group Confirms Talks to Acquire GM's Vauxhall and Opel Brands

Mar 1, 2017

French automaker PSA Group is in talks to acquire the European operations of General Motors' (GM) business, including the Vauxhall and Opel brands. PSA and GM have earlier had a close alliance, working together on three projects since ...

Tags: automaker, PSA Group

UK New Car Market Achieves 12-Year High in January

Feb 13, 2017

The UK new car market achieved a 12-year high in January, according to figures published by SMMT. 174,564 vehicles left showrooms last month – a 2.9% year-on-year uplift and the highest level since 2005. Significantly, however, the ...

Tags: Car Market

Future Mobility to Build Smart Electric Car Plant

Jan 25, 2017

Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle ...

Tags: Electronics, electric vehicles

Tesla Rival Faraday Future Admits Cash Is Tight

Jan 17, 2017

Faraday Future, a company that's looking to take on Tesla at the luxury end of the smart car market, has admitted that it had to put building its ambitious $1 billion factory on hold to finance its presence at CES this year. When Faraday ...

Tags: Tesla, Faraday Future

Hyundai Motor Accelerates Development of Advanced Connected Car Operating System

Dec 16, 2016

Hyundai Motor is accelerating development of its advanced ccOS (connected car Operating System), the core platform technology for its future connected cars. The highly sophisticated software will optimize the high-speed transmission and ...

Tags: Hyundai Motor, Connected Car

European Car Market Resumed Growth Trend in November: ACEA

Dec 16, 2016

The European Union passenger car market rebounded last month following the slowdown observed in October, with new registrations in November totaling 1,148,618 units, up 5.8% year on year, data from the European Automobile Manufacturers' ...

Tags: passenger car, car market

Electric Car Market Yet to Mature

Dec 14, 2016

Govt incentives remain the primary driver of the industry, rather than organic demand or products' competitiveness Electric cars are widely believed to be the future of the automotive industry, but experts say even in the world's largest ...

Tags: Electric Car, SAIC Motor

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