Coverage tagged Manufacturing.
Page 19 of 24
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.
Hungarian logistics firm Waberer’s International will add 200 Volvo FH trucks to its fleet from May 2012, continuing a long-standing partnership with Volvo Hungaria.
Administrators overseeing Saab’s bankruptcy say the proceeds from selling the company and its assets will not be enough to clear the outstanding debt, with bids due by 10 April 2012.
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.
Skoda aims to reach 1.5 million global sales by 2018, with China expected to contribute 500,000 units, over double its 2011 performance.
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.
Audi is negotiating to buy Ducati from Investindustrial, with a proposed deal valuing the Italian motorcycle maker at €850 million including debt.
General Motors will suspend Chevrolet Volt output at Detroit-Hamtramck for five weeks from 19 March 2012, temporarily laying off 1,300 workers as inventories outpace demand.
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.
Volkswagen aims to surpass Toyota and General Motors in worldwide vehicle sales by 2018, setting a target of 10 million annual deliveries and higher profitability.
Hero MotoCorp confirmed it is in talks with banks to raise funds for a possible bid for Ducati, as the Italian marque’s private equity owner seeks a sale.
Hyundai, together with KOICA and PLAN Korea, will establish a $700,000 technical training centre in Ghana to provide automotive repair skills for local youth.
Great Wall Motors has launched vehicle assembly in Lovech, Bulgaria, aiming for 8,000 units in its first year and targeting wider European sales.
Suzuki Motor Corporation and UK-based Intelligent Energy have established a 50-50 joint venture to manufacture fuel cell systems for next-generation vehicles.
Mercedes-Benz Türk will supply 221 Conecto articulated city buses to IETT, with deliveries scheduled by September 2012 and a five-year warranty including maintenance.
Chinese firm Youngman has submitted a fresh offer for bankrupt Saab, aiming to revive the Swedish marque but faces obstacles over technology rights and asset sales.
Chrysler has produced its one millionth 3.6-litre Pentastar V6 engine just 18 months after launch, underlining the unit’s rapid adoption across the group’s core models.
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.
Following Proton's sale to DRB-Hicom, Lotus CEO Dany Bahar is searching for financial partners to secure the British sports car maker's future.
The Swedish Debt Office has repaid the European Investment Bank loan guaranteed for Saab, taking on SEK 2.2 billion in debt and shares in Saab’s parts and tools units as collateral.
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.
Shanghai Volkswagen is developing a new sedan positioned between the Lavida and Passat, targeting China's mid-market saloon segment with a launch expected in late 2012.
Chinese carmakers exported 814,300 vehicles in 2011, with Chery, Great Wall and JAC driving growth by finding sales beyond traditional Middle Eastern markets.
Opel's new compact model, the Junior, will begin production in Eisenach, Germany, in late 2012, aiming to rival the Fiat 500.