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Renault to Boost Presence in Iran with New JV

Aug 9, 2017

French automaker Renault has agreed to boost its presence in Iran and step up the brand's growth. The company signed a joint venture (JV) agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN ...

Tags: Renault, Renault products

SHACMAN Participating in the Belt and Road

May 16, 2017

As early as 2013, SHACMN had exported 18,000 heavy trucks, nearly half of which was delivered to the five countries in Middle Asia and Russia. Now, SHACMAN not only set up a whole vehicle plant with an annual production of 50,000 units in ...

Tags: SHACMN, heavy truck

FOMM Is Scouting for a Local Partner to Set up an Electric Vehicle Plant in Thailand

May 25, 2015

Japanese automobile technology firm FOMM is scouting for a local partner to set up an electric vehicle plant in Thailand, picturing the country as a hub for European exports. The unit, estimated to entail an investment of $10m, would ...

Tags: FOMM, Electric Vehicle

Signing Deal to Build New Vehicle Facility in Russia as Great Wall

May 23, 2014

Chinese automobile manufacturer Great Wall Motors (GWM) has signed an agreement with the Russian Tula Oblast Government for construction of an automobile manufacturing facility with investment of CNY3.2bn ($513.44m). The company will ...

Tags: Great Wall, Vehicle Facility

South Korean Automaker Hyundai Motor Is Set to Commence The Production of Heavy-Duty Truck

Mar 18, 2014

South Korean automaker Hyundai Motor is set to commence the production of heavy-duty trucks in China in 2014. The company will produce its Trago cargo and dump trucks at a new manufacturing plant in Sichuan province, which is slated to ...

Tags: Heavy-Duty Trucks, Truck, Transportation

New Engine Plant Will Be Built by Nissan in Brazil

Jan 8, 2014

Japanese automaker Nissan Motor is set to establish a new engine plant with an investment of BRl140m ($60m) at its new vehicle plant in Resende, Brazil. The new engine plant will open in 2014 and have a capacity to produce up to 200,000 ...

Tags: Nissan Motor, Engine Plant

Foton Will Increase Capital in Beijing Foton Cummins Through Cash in Two Phases

Oct 31, 2013

Foton announces on October 28 that it will increase capital in Beijing Foton Cummins through cash in two phases: phase one 300 million yuan and phase two 304 million yuan. Another share holder Cummins will also increase capital based on its ...

Tags: Transportation, auto, car, vehicle

FAW Group Has Signed a Memorandum of Understanding to Construct a Vehicle Plant

Sep 3, 2013

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

SVW Has Opened a New Vehicle Manufacturing Plant at Urumqi in Western China

Sep 2, 2013

German carmaker Volkswagen’s Chinese joint venture Shanghai Volkswagen (SVW) has opened a new vehicle manufacturing plant at Urumqi in Western China. Claimed to be the first plant in Xinjiang region and the Group's 102nd plant ...

Tags: Volkswagen, Vehicle Plant

Mazda Motor Is Aiming to Invest About $120m to Establish a Engine Machining Factory

Aug 12, 2013

Japanese carmaker Mazda Motor is planning to invest about $120m to build a engine machining factory at its new vehicle production facility in Mexico. Expected to be commissioned in October 2014, the new factory will produce SKYACTIV ...

Tags: Mazda, Engine Machining

Japanese Carmaker Nissan Unveiled The Next-Generation Teana in China

Mar 1, 2013

Japanese carmaker Nissan has unveiled the next-generation Teana in China. The vehicle is expected to be powered by 2.5L QR25DE petrol engine, which is mated to a Xtronic continuous variable transmission (CVT) and it is expected to ...

Tags: Nissan, New Teana, China

Renault-Nissan Alliance Is Planning to Set up a Low-Cost Vehicle Manufacturing Plant

Feb 22, 2013

Renault-Nissan alliance is planning to invest about $320m (JPY30bn) to set up a low-cost vehicle manufacturing plant in India The alliance is expected to invest the amount to construct a second manufacturing plant at the company's site ...

Tags: Renault-Nissan, low-cost vehicle, alliance

Perodua Is Aiming to Invest RM790m to Build a Vehicle Plant in Near Current Facility

Jan 4, 2013

Malaysia based Perusahaan Otomobil Kedua (Perodua) is planning to invest RM790m ($253.8m) to set up a vehicle plant in near its current manufacturing facility in Rawang, Selangor. The new plant will produce 100,000 vehicles per year on a ...

Tags: Malaysia, Perodua, vehicle plant, car

New Vehicle Plant Is started by Hyundai Motor

Dec 5, 2012

South Korean automaker Hyundai Motor has broken ground on a commercial vehicle plant in Ziyang, China. The plant named, Sichuan Hyundai Motor, is a 50-50 joint venture (JV) between Hyundai and China's Sichuan Nanjun Automobile Group. ...

Tags: Hyundai Motor, commercial vehicle, trucks, automaker

Volkswagen is planning to Build EUR250m Engine Plant in Russia

Dec 3, 2012

German carmaker Volkswagen is planning to invest EUR250m to build a new 30,000m2 engine plant in Kaluga, Russia. Volkswagen's new engine plant, which will be built next to the carmaker's vehicle plant in Kaluga, will manufacture the ...

Tags: Volkswagen, EUR250m, engine plant, modern engine generation

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