Chrysler to Invest $72M in Toledo Plant
24 Aug 2011, 08:28 UTC · By: Alina Dumitrache / Adding to the nearly $3.2 billion invested so far in its U.S. facilities since June 2009, will be the $72 million that the Chrysler Group today announced it intends to pump up in its Toledo Machinin...
Chrysler Invests $114 Million in Trenton Engine Plant
16 Jun 2011, 11:23 UTC · By: Alina Dumitrache / American auto giant Chrysler decided to make a $114 million investment in the Trenton, Michigan, plant to support increased production of the Pentastar engine, a move that is expected to generate so...
Next Generation Nissan Qashqai to Come from the UK
8 Jun 2011, 11:18 UTC · By: Alina Dumitrache / Japanese automaker Nissan decided to put the UK in charge with the design, development and production of the next version of the Qashqai. The announcement was made today by Nissan President and CEO ...
GM to Spend $130 Million on Data Center in Warren
7 Jun 2011, 04:43 UTC · By: Daniel Patrascu / After nearly a full month of production-related investment announcements, it's time for American manufacturer GM to let the world know that it is planning to better store the data it produces d...
GM Confirms Arlington Investment, New Jobs
27 May 2011, 03:05 UTC · By: Daniel Patrascu / American manufacturer GM announced today that its expansion plans are to continue, this time with a major investment in another of its most important production sites. Following the confirmation of ...
GM to Announce New Jobs at Arlington Assembly Plant
26 May 2011, 05:28 UTC · By: Daniel Patrascu / As if it has made a goal out of not letting one day of the current week pass without making a major positive announcement, American manufacturer GM is expected to let the world know on Thursday that...
Ford To Invest $72M in Chennai Engine Plant Expansion
17 May 2011, 12:26 UTC · By: Alina Dumitrache / Late last year, rumors surrounding a second Ford plant in India have started surfacing, as the American automaker was experiencing a great deal of success on the local market. Now, instead of that s...
Continental Tire Invests $244M in Illinois Facility
13 May 2011, 06:52 UTC · By: Alina Dumitrache / Things are going well for the Continental Tire company, as it is currently facing increased demand for its passenger and light truck tires in North and South America, which led to the decision of in...
BMW Plans to Make Further Investments in China
9 May 2011, 12:35 UTC · By: Alina Dumitrache / During the visit of the Party Secretary of the Chinese province of Liaoning, Wang Min, in Munich today, the BMW Group revealed it is planning further expansion of its activities in China in the futu...
GM Invests $131M in Bowling Green Plant to Support Corvette Production
4 May 2011, 17:10 UTC · By: Alina Dumitrache / American automotive giant General Motors announced today it has decided to invest no less than $131 million in the Bowling Green assembly plant in Kentucky in order to support production of the next...
GM Announces Rochester Plant Investment
13 Apr 2011, 04:51 UTC · By: Daniel Patrascu / Even if announcements regarding investments in its facilities have become rare in the last few months, American manufacturer GM is continuing its efforts to increase the production capacity and acco...
BMW i Ventures to Open an Incubator Space in NYC
1 Apr 2011, 07:33 UTC · By: Alina Dumitrache / The $100M venture fund launched by German automaker BMW back in February has just appointed Edward Robinson as its President, while also announcing the plan of setting up an incubator laboratory spa...
Pontiac Stamping Plant to Get $30 Million Upgrade
31 Mar 2011, 05:58 UTC · By: Daniel Patrascu / After for the entire length of last year American manufacturer GM announced investment after investment, in what appeared to be a spending frenzy of grotesque proportions (compared to the repeated c...
Glock Would Like Branson to Invest More in F1 Team
21 Mar 2011, 08:37 UTC · By: Ovidiu Panzariu / Timo Glock admitted in a recent interview with the German media that he would like his team owner Sir Richard Branson to pour some more money into his Formula 1 operation in the future. Branson&#...
Zero Motorcycles Gets $26M from Investor Group
17 Mar 2011, 14:24 UTC · By: Alina Dumitrache / Electric bike manufacturer Zero Motorcycles revealed today it has received an additional $26 million in financing from its investor group, led by Invus, LP. According to the company, $17 million hav...
Nissan to Build Battery Plant in Portugal
11 Feb 2011, 13:30 UTC · By: Alina Dumitrache / Japanese automaker Nissan announced today it has begun construction of a lithium-ion battery plant in Cacia, Portugal, that is projected to start operations in December 2012. The new facility, whic...
Ferrari North Europe Launches UK Apprentice Programme
10 Feb 2011, 08:16 UTC · By: Alina Dumitrache / An investment of over £350,000 has been announced by Ferrari North Europe in the UK Apprentice Programme, offering nationally recognised qualifications accredited by IMI Awards. This is intend...
Envia Details Battery Technology
27 Jan 2011, 12:31 UTC · By: Daniel Patrascu / After earlier today American start-up company Envia Systems received the blessing of car maker GM, together with a $17 million investment, the company decided to give a glimpse of the technology whi...
GM Bets $17 Million on Envia Systems
27 Jan 2011, 08:37 UTC · By: Daniel Patrascu / It appears that American manufacturer GM has decided on how to play the whole electric vehicle game: instead of working on its own on most of the systems that go into such cars, it will invest in co...
Audi to Make Biggest Investment in Its History
27 Dec 2010, 15:50 UTC · By: Daniel Patrascu / German manufacturer Audi has had a great year, and the doors which opened this year through new product launches and high sales numbers have also created the perfect environment for a great growth i...