Coverage tagged Manufacturing.
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General Motors will spend $290 million on upgrades at its Bowling Green Assembly, expanding on previous investments to modernise the home of the Chevrolet Corvette.
The first customer Volvo V90 estate has rolled off the Torslanda line, marking another step in the brand’s product overhaul and Swedish plant expansion.
A trade group report shows global automakers and suppliers invest over $115 billion yearly in R&D, trailing only the pharmaceutical industry and outpacing technology and energy sectors.
BMW has started building a new factory in San Luis Potosi, Mexico, investing $1 billion to produce up to 150,000 3 Series saloons per year from 2019.
Jaguar Land Rover has opened a new factory in Itatiaia, Brazil, to build the Range Rover Evoque and Discovery Sport for the local market amid challenging economic conditions.
Prince Alwaleed bin Talal’s Kingdom Holding took a 1% stake in GM during its 2010 public offering, citing global brand strength and growth potential in emerging markets.
Sergio Marchionne reports Chrysler has already sold over 1.23 million vehicles in the first half of 2012, putting the company on track for a $3 billion annual profit.
Volkswagen has begun negotiations with German labour unions to develop a cost-cutting and restructuring plan following record losses from the diesel emissions scandal.
Toyota identified annual sales of 5,000 to 10,000 fuel cell vehicles as a healthy benchmark for the early years of its hydrogen-powered car programme, aiming to scale up production as costs fall.
Volkswagen is preparing to build a dedicated battery factory, aiming to bring cell production in-house as it accelerates its electric vehicle strategy.
TMI AutoTech has completed the first US-built Ariel Nomad at its Virginia facility, with orders now open for both Sport and Tactical versions of the off-road buggy.
Russia first surpassed Germany in new car sales in 2008 and briefly reclaimed second place in August 2026, but experts caution the latest leap is unlikely to last.
Tesla has advanced its production goal by two years, now aiming to build 500,000 vehicles in 2018, driven by strong demand for the Model 3.
General Motors has sold its full seven per cent stake in PSA Peugeot Citroën, closing a chapter in their alliance as Peugeot looks to new partnerships.
Warranty spending at Tesla has outstripped rivals including GM and Ford, as owner complaints about Model S and Model X quality persist.
Toyota, Honda and Nissan join global brands in lowering spare parts prices as China’s anti-monopoly crackdown widens beyond luxury marques.
Chrysler’s new global small car will be built by Nissan at the Oppama plant for North America and Europe, replacing earlier plans with Chery.
Toyota will resume vehicle production at most of its Japanese plants from 25 April, following earthquake-related supply disruptions that halted output for nearly a week.
Reports in April 2016 indicated that Magna Steyr was set to handle contract manufacturing duties for Apple’s secretive Project Titan electric car, following speculation around BMW and Daimler collaborations.
Renault-Nissan's Carlos Ghosn will be replaced as AvtoVAZ chairman by Rostec's Sergei Skvortsov from 23 June, reflecting shifting control during a turbulent period for Russia's auto sector.
With Russian car sales down nearly 17 percent in early 2016, Ford's local joint venture is considering new investment and targeting exports to offset domestic weakness.
Honda will spend $52 million to prepare its Greensburg, Indiana, plant for CR-V SUV production by early 2017, with a focus on facility upgrades and workforce training.
Toyota will begin building the RAV4 SUV at its St Petersburg plant this August, following a major investment to double capacity and expand local manufacturing.
FCA will keep its Sterling Heights Assembly Plant idle for an extra three weeks, citing weak demand for the Chrysler 200 and a shrinking US sedan market.