Japanese carmaker is planning to reduce its production in the country by 15% with rising manufacturing costs triggered by a stronger yen and declining domestic demand. Nissan will halt production at one of two lines at the company's main ...
Tags: Japanese, Nissan, domestic production
US carmaker Ford Motor has begun the production of B-MAX multi purpose vehicle (MPV) at its upgraded EUR500m Craiova vehicle manufacturing plant in Romania. The facility is part of the carmaker's EUR675m investment in engine and ...
Tags: Ford, B-MAX MPV, Romanian plant
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
The European automotive sensor market is expected to rise to $17.4bn in 2012 from $15.6bn in 2011, according to a new report. A new report from Strategy Analytics, "Automotive Sensor Demand Forecast 2010 to 2019: Strong Growth Despite ...
Tags: automotive sensor, vehicle, sophisticated electronic systems
China has recorded 5.2% rise in auto sales in April when compared to the same period last year, while auto production has increased 7.81% during the period. According to the China Association of Automobile Manufacturers, the country has ...
The UK based engineering group, GKN, is planning to spend $100m over the next three years in Mexico to expand its driveshafts operations, to meet demand from carmakers in the country. To further support its plan, the company is planning ...
Tags: GKN, driveshafts operations, light vehicle production, celaya facility
Advanced composites company TenCate and chemical company BASF have partnered to develop and produce thermoplastic composite materials for mass vehicle production. The new partnership will offer car manufacturers with custom-engineered ...
Tags: TenCate, BASF, composite materials, vehicle production
India’s National Council for Electric Mobility (NCEM) has approved a $4.1bn National Electric Mobility Mission Plan (NEMMP) 2020 to support the production of electric vehicles (EVs) and hybrid vehicles up to 2020. Through the plan, ...
Tags: India, Electric, Hybrid Vehicle
TRW Automotive Holdings (TRW) has reported sales of $4.239bn for the second quarter ended 29 June2012 compared to $4.234bn for the same period of 2011. The company posted a gross profit of $476m for the second quarter of 2012, compared to ...
Japanese automaker Toyota Motor(TMC)is planning to invest JPY7bn($91.43m)to expand the capacity of its St.Petersburg plant in Russia over the next three years. The investment will see Toyota Motor Manufacturing Russia(TMMR),TMC's Russian ...
Tags: JPY7bn at Russia Plant, Toyota Motor, vehicle production plant
German carmaker Volkswagen is planning to invest about EUR50.2bn in its global automotive division and development of new technologies through 2015 in a bid to meet the challenges of the uncertain European market. Volkswagen Board of ...
Tags: Volkswagen, global automotive division, development of new technologies
PILKINGTON owner Nippon Sheet Glass has gone into the red and shed 1, 750 jobs worldwide this year as it restructures to cope with the effects of the global recession. The group, which employs some 1, 600 people across its sites in St ...
Tags: market view, Sheet Glass
Auto glass sales and profits fell during the second quarter of this year when compared to last for Tokyo-based Nippon Sheet Glass (NSG). The international company released today its second quarter financial results for its fiscal year 2013 ...
Tags: market view, Nippon Sheet Glass
World sales to climb 5.2% annually through 2016 Global sales of industrial fasteners are expected to climb 5.2 percent per year to $82.9 billion in 2016, accelerating from the 2006-2011 rate of market expansion. The economies of many ...
Tags: Industry Trends, Fasteners
Driveline supplier plans more investments, new capacity GKN Driveline has started production on a new forging line at its plant in Celaya, Mexico — the third line installed there since the plant was inaugurated in 1979. The new ...
Tags: industry trends, forging, precision, Driveline