Japan based Yokohama Rubber is planning to invest JPY11bn ($118m) to start the second phase expansion for Yokohama Tire Philippines (YTPI), a local subsidiary for manufacturing and selling passenger car tires, in May 2013. According to ...
Tags: Yokohama Rubber, Yokohama Tire Philippines, passenger car tires
Spanish auto-parts supplier Gestamp Automocion has received a EUR150m loan from the European Bank for Reconstruction and Development (EBRD) to upgrade its facilities in Russia, Poland, Hungary and Turkey that supply assembly lines set up by ...
According to the Society of Indian Automobile Manufacturers (SIAM), Indian motor vehicle production in January this year increased eight percent as compared to January 2012 and was up 8.4 percent month on month with 1,850,848 vehicles ...
Tags: motor vehicle, Car Exports, Auto
According to the Turkish Automotive Manufacturers Association (OSD), in January of the current year motor vehicle sales in Turkey totaled 37,134 units, rising by 19 percent as compared to the corresponding month of the previous year. In ...
Tags: Turkish, Motor Vehicle, auto
According to the monthly statistics released by the Turkish Automotive Manufacturers' Association (OSD), in January this year Turkey's motor vehicle output totaled 85,519 units, decreasing by three percent year on year and down by 3.4 ...
Tags: Turkey, Motor Vehicle Output, Mineral
According to the Economic and Steel Market Outlook 2013-2014/Q1 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in 2012 the European Union (EU) automotive sales declined by 8.2 percent year on year, ...
Tags: Automotive, EURFOER, car exports
In January this year, new passenger car registrations in the German market remained stable year on year at 192,100 units and were down six percent compared to December 2012, according to the data released by the German Association of the ...
Tags: passenger car registrations, Auto
Bridgestone has opened a new tire manufacturing plant in Pune, India and has commenced production of passenger car radial tires (PSR). The new plant is part of tire maker's JPY50bn ($538.8m) project, which is being executed in phases. ...
BMW Group announced recently, BMW American sales reached 20,195 vehicles in January this year, up 2.3% year on year compared to 19,739 vehicles in January last year. In January this year, BMW brand American sales were 16,513 vehicles, up ...
Tags: BMW Group, American sales, January
According to the statistics released by the Turkish Automotive Distributors Association (ODD), in January this year the domestic passenger car and light vehicle market grew by 20.2 percent compared to the same month last year, with sales ...
Tags: automotive sales, vehicle market, vehicle
The Mazda3 has made a strong start to its title defence as Australia’s top-selling car in 2013 as sales of new vehicles got off to a flying start in January. Official VFACTS data released today by the Federal Chamber of Automotive ...
Japanese carmaker Nissan is planning to invest EUR130m at its Barcelona manufacturing facility in Spain, to build a new passenger car model. Production of the new compact family car is scheduled to start in July 2014 at the Spanish ...
Tags: carmaker, Nissan, manufacturing facility, passenger car model
German automotive manufacturer Daimler has acquired 12% stake in the passenger car unit of its Chinese partner Beijing Automotive Group (BAIC) for $875m. The acquisition will help the company in expanding presence in the world's biggest ...
Tags: Daimler, automotive manufacturer, BAIC
Turbocharging is more popular than ever as car makers look for ways to produce power more, more efficiently. Turbos have been around since before the First World War and have traditionally been used as a way of generating more power ...
Tags: turbocharging, car makers, turbos
Ford predicts that its European business will continue the deficit of about 2 billion dollars in 2013, which exceeds the expected amount of 2013 and the total loss in 2012. Ford said that European business’s expected loss will be 2 ...
Tags: Ford, European business, 2013