The European Investment Bank will invest £12m in Gestamp Tallent Automotive to support and strengthen innovation and to help it develop specialised chassis and suspension products. European Investment Bank vice president Jonathan ...
Tags: European Investment Bank, chassis, suspension products
Japanese auto maker Suzuki Motor laid foundation stone at its JPY60bn ($509m) vehicle manufacturing facility in Gujarat, India. The company is planning to set up three plants in the Indian state at an investment of Rs 80bn ($1.3bn). ...
Australia is losing another vehicle manufacturing facility — and the jobs that go along with it. Toyota Motor Corp. announced that it would stop making cars in Australia in 2017. Toyota’s withdrawal will mean about 2,500 lost ...
Tags: Halt Production, high cost of manufacturing, competition
Cadillac, a luxury automobile and SUV division of US automaker General Motors, has started the production of XTS sedan in China and has launched the model for the domestic market. The new sedan is offered with two powetrain options ...
Tags: Cadillac, SUV division, luxury automobile
Bluefield Partners LLP, the London based solar energy investment manager, backed by Jon Moulton has announced the acquisition of one of the largest solar arrays on an industrial site in the UK. Built on Toyota’s vehicle ...
Tags: Bluefield, Solar Arrays, Energy
General Motors’ Shanghai GM Dong Yue Motors has completed the third phase expansion of its vehicle manufacturing facility in Yantai, Shandong,China. GM has invested CNY2.53bn ($398m) for the expansion which has doubled the ...
Tags: Shanghai GM, third phase expansion, vehicle manufacturing facility
Shanghai Volkswagen Automotive, the German carmaker Volkswagen's Chinese JV company with SAIC Motor, has unveiled a new vehicle manufacturing facility in Yizheng, Eastern China. The new facility, with a capacity to produce 300,000 ...
Tags: Volkswagen Automotive, SAIC Motor, new vehicle manufacturing facility
Japanese carmaker Nissan's Chinese joint venture Dongfeng Motor (DFL) is planning to invest $800m to build a new vehicle manufacturing facility in Dalian, Liaoning Province, China. The Dalian plant is scheduled to begin the production of ...
Tags: Dongfeng Motor, new vehicle, passenger vehicles, electric vehicles
Infiniti, the luxury vehicle brand of the Japanese carmaker Nissan, is planning to build a new vehicle manufacturing facility in Mexico. The automaker revealed that the new facility will manufacture a small car and it has already begun ...
Tags: Infiniti, luxury vehicle, Nissan, new vehicle manufacturing facility
Indian carmaker Maruti Suzuki has signed state support agreement (SSA) with the Government of Gujarat to buy land for building a new vehicle manufacturing facility near Mehsana. The land purchase is in proportion to the long-term ...
Tags: Maruti Suzuki, vehicle, new auto plant, Gujarat
Japanese carmaker Toyota is planning to build a new $495m engine manufacturing facility in Porto Feliz, São Paulo in Brazil for producing engines for the Etios and Corolla sedans. The new 870,000m2 facility, which is aimed at ...
Tags: Toyota, new$495m engine, 1.3-litre and 1.5-liter engines, engines
German luxury car maker BMW is planning to build a new vehicle manufacturing facility at one of the four shortlisted locations in Mexico. The location for the facility is expected to be finalised by the end of 2012 and BMW plans to ...
Tags: BMW, new facility, Mexico
French carmaker Renault is planning to establish a new joint venture (JV) with Dongfeng Motor Group to build cars in China. The continual economic crisis in Europe and decline in sales margins for domestic firms in China have led to the ...
Tags: Auto Parts, Dongfeng Motor, cars