15 Dec 2010, 06:58 UTC · By: Daniel Patrascu / The recently discovered love for the two Americas of Italian manufacturer Fiat is continuing to shape the automotive industry on the two continents. While in the north the tie-up with Chrysler bring...
10 Dec 2010, 07:01 UTC · By: Andrei Costea / Ford Motor Company announced plans to invest $600 million to retool its Louisville Assembly Plant for the production of the next-generation Escape for the North America market starting late next yea...
27 Nov 2010, 11:32 UTC · By: Daniel Patrascu / For several months now, we are hearing more and more about the Indian automotive industry and how foreign manufacturers are beginning to ramp up production and build new facilities in the country. ...
24 Nov 2010, 15:40 UTC · By: Daniel Patrascu / Following this month's initial public offering, American manufacturer GM is stepping up its investments, with more than one announcement expected to be made over the following weeks. The first ...
23 Nov 2010, 13:07 UTC · By: Daniel Patrascu / German manufacturer Porsche announced today one of the largest investments it made this year. No less than EUR150 million ($203 million) will be poured into the Weissach research and development cen...
19 Nov 2010, 14:33 UTC · By: Andrei Costea / The Supervisory Board of Volkswagen AG held a meeting today, discussing the Group’s investment planning for 2011 to 2015. The Group will invest around EUR51.6 bn in its Automotive Division in ...
29 Oct 2010, 06:18 UTC · By: Daniel Patrascu / This week, Chrysler is on a spending frenzy. Or, to be more accurate, on an investing frenzy. Only yesterday, the carmaker announced it will spend $1 billion to upgrade or retool two of its faciliti...
26 Oct 2010, 06:00 UTC · By: Daniel Patrascu / Matching similar moves made this year by their rivals from GM and Chrysler, American manufacturer Ford announced yesterday its decision to invest $850 million in its operations in Michigan. The ...
21 Oct 2010, 13:15 UTC · By: Alina Dumitrache / NC2 Global, a 50/50 joint venture between Caterpillar and Navistar, announced today it has launched operations in Brasil, where it will assemble and distribute commercial trucks under both the Inter...
21 Oct 2010, 08:51 UTC · By: Alina Dumitrache / Automotive supplier TRW recently announced it is planning to expand its Nove Mesto nad Vahom plant in Slovakia to support the growth of TRW's Electrically Powered Steering (EPS) systems busines...
21 Sep 2010, 12:46 UTC · By: Alina Dumitrache / After Allison Transmission revealed it will be building a new production site in Hungary, located in Szentgotthard, Opel has also announced plans of investing EUR500 million to expand its operations...
20 Aug 2010, 08:03 UTC · By: Alina Dumitrache / The North American subsidiary of Takata Corporation announced today it has launched the construction of an 18,500 square-foot facility located in Michigan, dedicated to automotive safety testing. Th...
19 Aug 2010, 07:03 UTC · By: Alina Dumitrache / While considering an initial public offering filing, American manufacturer GM announced it will invest $20 million in its Bay City Powertrain facility in order to enable production of camshafts for ...
4 Aug 2010, 10:41 UTC · By: Alina Dumitrache / After the launch of its parallel full-hybrid technology, global automotive supplier Bosch announced it has also decided to invest in the development of powertrain technologies for all-electric vehic...
7 Jun 2010, 06:56 UTC · By: Alina Dumitrache / The North American division of German manufacturer Volkswagen announced recently it will invest in the construction of a 35,000 square-foot facility in the San Francisco area. The new dealership, at...
7 May 2010, 12:57 UTC · By: Dan Mihalascu / On March 15, 2010 Renault opened a new production line at its Santa Isabel plant located in Cordoba, Argentina. The new, flexible production line was completed in five weeks and is able to produce f...
5 May 2010, 10:53 UTC · By: Dan Mihalascu / Chinese automaker Jianghuai Automobile Company is negotiating with the Slovak government on a possible plant investment, the country’s economy ministry announced on Tuesday. According to t...
28 Apr 2010, 06:47 UTC · By: Daniel Patrascu / Having paid the remaining debt to both the US and Canadian governments this wek, American manufacturer GM is getting ready to invest whatever money it has left into the future. GM confirmed yesterda...
28 Mar 2010, 08:44 UTC · By: Alexandru Radu Chis / Taking a step further in showing its dedication to create top-quality vehicles, the Toolmaking Division of Audi AG opened an extension building and with it the implementation of a synchronized produ...
23 Mar 2010, 15:45 UTC · By: Daniel Patrascu / As the South American country becomes more and more of a promise land for automotive manufacturers, an increasing number of industry players are relocating, expanding or setting up businesses here. ...