Tag: Manufacturing

Tesla could be forced to mortgage his Gigafactory for lack of cash

This is a blow for Tesla and the founder of Elon Musk. On Tuesday, March 27, rating agency Moody’s downgraded its ratings on the automaker and on its debt. To this, it added negative perspectives, meaning that these assessments could further deteriorate. The California company is sanctioned for its production problems and the risk of… Continue reading Tesla could be forced to mortgage his Gigafactory for lack of cash

SAIC may set up car factory in Egypt

A worker checks the quality of newly made cars at an assembly line of SAIC Motor in Qingdao, East China’s Shandong province. [Photo by Yu Fangping/For China Daily] CAIRO－China’s giant carmaker SAIC Motor is planning to set up a car manufacturing factory in Egypt, a top Egyptian official said on Sunday. Egypt’s Minister of Trade… Continue reading SAIC may set up car factory in Egypt

Press Release – Magna Posts 2017 Annual Report

Please click HERE for a PDF version of the release. AURORA, Ontario, March 28, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) today announced that its 2017 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. … Continue reading Press Release – Magna Posts 2017 Annual Report

DENSO to Integrate the Management of Two Subsidiaries that Manufacture Parts

Mar. 29, 2018 News Releases Organization Announcement KARIYA (Japan) ― DENSO Corporation today announced that on July 1, 2018 it will integrate the management of two DENSO Group companies: DENSO PREAS Corporation and DENSO KIKO Co., Ltd., both of which manufacture metal press-worked parts. The business environment will tremendously change in the future with the… Continue reading DENSO to Integrate the Management of Two Subsidiaries that Manufacture Parts

ZF, a hidden giant of the German automobile

Count Zeppelin’s airships established the fame of Friedrichshafen at the beginning of the 20th century, but it was the automobile that made the city’s fortunes. On the German side of Lake Constance, which serves as a natural border with Switzerland and Austria, ZF laid a brand new, futuristic vessel in the city center just a… Continue reading ZF, a hidden giant of the German automobile

Nissan production, sales and export results for February 2018

YOKOHAMA, Japan (March 29, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for February 2018. 1. Production Nissan’s global production in February declined from a year earlier. Production in Japan declined from a year earlier. Production outside Japan declined from a year earlier. 2. Sales Global sales in February declined… Continue reading Nissan production, sales and export results for February 2018

SF Motors reveals first two EVs, aims to ship its first SUV by next year

SF Motors has revealed its first two models, electric vehicles aiming for 2018 production and 2019 street dates. The electric vehicle technology company with a headquarters in Silicon Valley, as well as a globe-spanning R&D footprint and manufacturing facilities in both China and the U.S., and it’s aiming to distinguish itself rom the established market… Continue reading SF Motors reveals first two EVs, aims to ship its first SUV by next year

SF Motors reveals two electric SUVs with 300 miles of range

While much of the automotive world is focused on the New York Auto Show, a small car startup has unveiled its first-ever vehicles on the other side of the country in Santa Clara, California. SF Motors, the US arm of Chinese company Sokon, has just announced two cars — the SF5 and the SF7 —… Continue reading SF Motors reveals two electric SUVs with 300 miles of range

Mazda Production and Sales Results for February 2018 (Flash Report)

2018/03/29 Production and Sales Mazda Motor Corporation’s production and sales results for February 2018 are summarized below. Note 1: Overseas production figures indicate Mazda-branded units coming off the production line (excluding CKD units). However, non-Mazda-branded passenger vehicles produced at the Mexico plant are included.Note 2: Global production figures are the sum of domestic and overseas… Continue reading Mazda Production and Sales Results for February 2018 (Flash Report)