Coverage tagged Factories.
Page 9 of 11
VW sets out to nearly double its Chinese output, planning new investment and factories to reach 4 million units a year within six years.
Exxon Mobil aims to ship liquefied natural gas from the United States, with CEO Rex Tillerson citing low domestic prices and increased shale production as key drivers.
Hyundai’s Alabama factory saw nearly 20,000 applications for 877 new production jobs after announcing a second shift, forcing a temporary halt to the process.
Audi is close to selecting Mexico as the site for its next North American factory, with the new plant expected to assemble the next-generation Q5 SUV.
A group of Japanese and Chinese investors has emerged as a leading bidder for Saab, proposing to restart production in Sweden with a focus on electric vehicles and battery assembly.
General Motors is considering closing plants in Germany and the UK as it plans to move future production growth to Eastern Europe, Asia and Latin America to stem losses at Opel.
Tata Motors will spend up to Rs 1,000 crore expanding its Dharwad plant, aiming for 90,000 annual units of Ace Zip and Magic Iris by 2013.
Japanese giant Bridgestone will build a new factory in Rayong, Thailand, with a projected capacity of 85 tonnes per day by 2019 to supply tyres for construction and mining machinery.
Great Wall Motors has launched vehicle assembly in Lovech, Bulgaria, aiming for 8,000 units in its first year and targeting wider European sales.
Chinese carmaker Great Wall Motor and Litex Motors will open their Bulgarian assembly plant on 21 February, aiming for 50,000 vehicles annually for Europe.
Thai car production is forecast to rebound sharply in 2012, with the Federation of Thai Industries expecting output to hit two million vehicles after last year’s flood-induced slump.
Opel's new compact model, the Junior, will begin production in Eisenach, Germany, in late 2012, aiming to rival the Fiat 500.
Wider state availability and new US production are expected to help Nissan target at least 20,000 Leaf sales in America this year, up from 9,674 in 2011.
Nissan and Dongfeng have agreed to assemble Renault models in Wuhan, marking Renault’s first local production in China and a shift from its previous import-only approach.
Chrysler will expand its Saltillo facility in Mexico to produce the Fiat Ducato van under the Ram brand for North American sale from 2013, targeting a gap in its commercial line-up.
Chrysler will revive its Detroit Viper plant and launch the 2013 Viper as the first model under the newly independent SRT performance brand.
The first all-electric Ford Focus rolls off the line at Michigan Assembly Plant, targeting over 100 MPGe and taking aim at rivals like the Nissan Leaf.
Cooper Tire & Rubber Company has agreed to purchase the Krusevac tyre plant in Serbia, investing up to €50 million over three years to strengthen its European manufacturing base.
Russia’s AvtoVAZ will assemble seven different models across Lada, Renault and Nissan brands at the IzhAvto plant in Izhevsk, with production ramping up from 2012 through to 2020.
The Tuscaloosa plant will add a third shift from August 2012 to meet demand for SUVs and prepare for upcoming C-Class production.
Fiat has denied that CEO Sergio Marchionne said the group could leave Italy, after a radio interview transcript was corrected to remove the reference.
Volkswagen is preparing a three-row SUV for the United States to challenge the Ford Explorer and Honda Pilot, with production likely in North America.
A German Mercedes-Benz executive was detained in Tuscaloosa under Alabama's new immigration law, prompting state lawmakers to consider changes amid concerns from business leaders.
Japanese manufacturer confirms new investment in Derbyshire plant to build next-generation C-segment hatchbacks, with 1,500 jobs added and further supply chain funding.