Automotive companies invest in India
Car makers are bettig big in India. The automobile growth story in the country is double-layered: on the face of it, a mere 4-5% sales growth, 45-50% capacity utilisation and profit margins under pressure in…
Ford: a $2.5 Billion Investment in Mexico
Ford is going to invest $2.5 billion in Mexico in the two new facilities wehere a new generation of engines and transmissions will be produced. The investment comes during the celebration of Ford’s 90th anniversary in…
A new steel foundry in EAU
Following an agreement signed with Advanced Manufacturing Solutions (AMS), Abu Dhabi Ports is going to build a steel foundry producing automotive parts in the United Arab Emirate. Products such as brake discs and brake calipers will be…
German government promotes new automotive production line
In Germany, Federal Environment Ministry is promoting a new 5 million Euro production line of GF Automotive which should save around 11.000 tonnages of CO2. GF establishes a new resource saving production line…
India, the next 3rd largest auto maker in the world
By 2020 Indian automotive industry is expected to achieve 7 million vehicles: after reaching that milestone India will become the third-largest auto manufacturer in the world, behind the US and China. Commenting on…
Abu Dhabi ports builds a steel foundry
Following a Musataha agreement with Advanced Manufacturing Solutions LLC (AMS), a subsidiary of the FourWinds Group of Companies, Abu Dhabi Ports is is going to build a steel foundry at Khalifa Port’s Industrial…
New XF Model from Jaguar
Jaguar recently launched its new XF model to the world. Though 7-millimeters shorter and 3 mm lower than the car it replaces, the all-new XF has more rear space, more legroom, knee room…
Toyota: new vehicle assembly plant in Kenya
As Bloomberg reported Toyota Tsusho has plans to expand its vehicle assembling plant in Kenya. In a statement, Toyota Tsusho CEO Jun Karube noted that the company will look into the prospects of…
Ford’s new plant in India opening soon
The brand new plant of Ford India in Sanand is going to begin production in a couple of weeks. The Rs 6,000 crore plant is likely to be inaugurated by chief minister Anandiben Patel on either…
Kobe Steel invest in US aluminium plant?
Japan metal supplier Kobe Steel is thinking about a USD 835 million investment in a plant in the United States to produce aluminium sheet for automotive applications. The planned investment in the proposed US plant…
Recent Comments