Coverage tagged Manufacturing.
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Chinese automaker Great Wall Motor and Bulgaria’s Litex Motor have signed a $6 million agreement to build a 50,000-unit assembly plant in Lovech, aiming for EU market access.
The Porsche and Piëch families, long among Germany’s wealthiest, fell to 13th place in 2009 after their fortune dropped by 71 percent amid the failed Volkswagen takeover bid.
Ford’s sale of Volvo to China’s Geely could be finalised by the end of August 2009, with a local Swedish partner set to take a minority stake.
BMW confirmed plans in September 2009 to produce two additional Mini models at its Oxford facility, aiming to expand capacity and secure jobs at the UK site.
National Geographic’s Ultimate Factory series offered a rare look inside the multi-stage process behind the Rolls-Royce Phantom, from German chassis construction to bespoke finishing at Goodwood.
Dongfeng-Citroën will introduce its locally assembled C5 saloon next month, targeting China’s mid-size segment with three petrol engines and localised design changes.
Toyota's Tsutsumi factory in Japan powers Prius production with solar energy, advanced waste management and innovative green technologies, influencing global manufacturing practices.
Labour representatives at Opel push for a two-year guarantee to keep all European factories open as Magna prepares to take control from General Motors.
Negotiations between Ford and Geely over the sale of Volvo remained at a standstill in late September 2009, with regulatory and financial hurdles still unresolved.
Production at General Motors factories in São Paulo state halted as workers demand higher wage increases and bonuses, disrupting output during a peak sales period.
General Motors will begin phasing out its “GM” logo from all vehicles starting with the 2010 model year, shifting focus to individual brands after a turbulent year.
Porsche’s new €100m museum in Stuttgart, opening 31 January 2009, will showcase rotating exhibits from the marque’s history, with facilities for events, dining and research.
Porsche set new records for profit, turnover and vehicle sales in the 2007/08 business year, with the Cayenne driving growth despite global economic uncertainty.
A 2008 Economic Policy Institute report projected up to 120,000 Pennsylvania jobs could be lost within a year if General Motors, Ford and Chrysler entered bankruptcy.
Chrysler LLC reported in December 2008 that its US operations generated over $29 billion in direct economic activity each year, including wages, pensions, taxes and supplier purchases.
Michelin has engineered a new lightweight composite wheel for NASA's next-generation moon rover, offering improved load capacity and traction for future lunar missions.
A Canadian craftsman spent years fabricating a Lamborghini Countach replica by hand in his basement, eventually removing a wall to extract the finished car.