German luxury automaker Daimler, through its brand Mercedes Benz is investing $1bn in Alabama, US plant to produce electric vehicles. The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz U.S. International), its ...
Tags: luxury automaker, Daimler, Electric Vehicles
Mercedes-Benz, a division of German firm Daimler, is commencing construction work for a new passenger car plant in Russia. “Establishing a passenger car production in Russia is a strategic investment in an important sales market for ...
Tags: Mercedes-Benz, Passenger Car
Daimler is planning to open a new facility in Russia for the production of Mercedes-Benz cars. At Esipovo Industrial Park, about 40 kilometers northwest of Moscow, a flexible production of SUVs and the E-Class Sedan will be established. ...
Tags: Daimler Plans, Passenger Car
Mercedes-Benz has started local vehicle production in Brazil with a new plant in Iracemápolis. The site was officially opened in the presence of guests from politics, industry and society. Mercedes-Benz has started production at ...
Tags: Mercedes-Benz, New Passenger Car
Toyota Motor is planning to invest around CNY150bn ($1.3bn) to set up two new car plants in Mexico and China, marking an end to the three-year freeze to expansion plan. Reuters reported citing two people familiar with plans that the ...
Tags: Toyota Motor, annual production, Auto Parts
Toyota Motor is planning to open two new assembly plants in China and one in Mexico, marking the end of its three-year freeze on building new vehicle assembly plants. Reuters reported Toyota's North American head Jim Lentz as saying that ...
China's largest car company - Shanghai Automotive Group Co., Ltd. (600104.SS:) released a marketing newsletter on Tuesday that from January to April this year, its various enterprises achieved a total car sales of 1.762 million, a ...
SAIC-GM-Wuling (SGMW), General Motors' micro-van joint venture in China, has opened its new passenger car production plant in Liuzhou, Guangxi Zhuang Autonomous Region, China. The company has invested $1.3bn in the first phase of the ...
Tags: SGMW, passenger car plant, China
Automotive supplier ZF Friedrichshafen has relocated its passenger car plant at Eastern Seaboard Industrial Estate to Rayong, Thailand. With the relocation to the new plant, ZF is expected to expand the production area in Thailand from ...
Tags: ZF Friedrichshafen, passenger car, axle systems, automotive supplier