Post Tagged with: "transmission plant"

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Honda Builds Transmission Plant in Mexico

Honda Builds Transmission Plant in Mexico

Honda plans to build a transmission plant in Mexico, for which it will invest $470 million. The transmission plant in Mexico will be opened in the second half of 2015 and will manufacture 700,000 continuously variable transmissions annually. Honda said that the facility will have 1,500 employees and will be […]

Daimler Plans to Invest in Romanian Transmission Plant

Daimler Plans to Invest in Romanian Transmission Plant

Daimler plans to make a large investment in Romania to manufacture transmission components at its JV’s plant in Cugir, according to Handelsblatt newspaper. Earlier this month, the Romanian financial daily Ziarul Financiar was publishing a report according to which Daimler plans to open a new plant in the country and […]

Chrysler gets tax breaks for Indiana transmission plant

Chrysler gets tax breaks for Indiana transmission plant

Chrysler Group has received approval for tax breaks from the Tipton County Council in Indiana, where it wants to start operating a transmission plant. The local council approved a 10-year tax abatement worth $2.5 million, according to the local newspaper Kokomo Tribune. Chrysler wants to invest $162 million in the […]

Chrysler may revive Indiana transmission plant

Chrysler may revive Indiana transmission plant

Chrysler Group is again considering to start operating a newly built but never-used transmission plant in Tipton, Indiana. The carmaker once planned to build transmissions in Tipton for its nearby factories. According to reports in the local newspaper, the Kokomo Tribune, Chrysler has requested tax incentives from state and local […]

VW may build transmission plant in China

VW may build transmission plant in China

Volkswagen AG may build a transmission plant in Tianjin, China, a source familiar with the matter told German newspaper Frankfurter Allgemeine Zeitung. The new facility is part of a plan the German carmaker has to expand capacity in its biggest market. The new manufacturing plant is expected to start production […]

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