JK/JKU Wrangler Production Ending In April, JT Scrambler Pickup Truck Incoming

The JL and JLU are the best Wrangler models yet in more than one way, but Jeep hasn’t pulled the plug on the JK and JKU. The former-generation SUVs are still being manufactured in Toledo, Ohio, but the end is near for both models.

A WARN notice filed by Hyundai Mobis North America with the Sta… (continue reading >>)

U.S.-spec 2018 Nissan Leaf Starts Production In Smyrna, Tennessee

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U.S.-spec 2018 Nissan Leaf Starts Production In Smyrna, Tennessee

6 Dec 2017, 0:13 UTC · by Mircea Panait
/ Home / News / Industry

Also assembled in Japan and the United Kingdom, the Nissan Leaf has re-started production at the Smyrna, Tennessee plant in the United States. The cars assembled there which will serve the U.S. public in the market for an affordable electric vehicle.
13 photos”We're committed to vehicle electrification and manufacturing in the United States,” commented Jeff Younginer, the vice president of manufacturing at Smyrna Vehicle Assembly Plant. “With the Leaf's low starting price and latest suite of Nissan Intelligent Mobility features, we're excited to ramp up production and bring the Leaf to market next month.”
Pricing information of the second-generation Leaf in U.S. specification has been announcedt, with the new kid on the block offering more than 150 miles of range for $29,990. The 2017 model, which is still available on dealer lots, starts from $30,680 and offers as many as 107 miles of range.
The world’s best-selling electric vehicle is more capable thanks to many improvements to the platform and battery, with the latter now offering a capacity of 40 kWh. Next year, Nissan will sweeten the deal with a 60 kWh battery, translating to a driving range of more than 225 miles according to executive VP of global sales and marketing Daniele Schillaci.
Nissan’s second-generation Leaf is off to a fantastic start, with the all-electric model accumulating more than 23,000 orders on a global level in its first month of availability. Japan was the first market to open the order books on October 2, and it’s responsible for 19k of all first-month orders.
As part of the Alliance 2022 business plan, the Renault-Nissan-Mitsubishi trio plans to launch no less than 12 electric vehicles that will utilize common platforms and components. In addition to this eco-friendly promise, Nissan and the gang will introduce 40 vehicles with autonomous drive technology, even though ProPilot is still far from Level 5 autonomy.
The Leaf hatchback and Rogue utility vehicle both offer ProPilot Assist, Nissan’s most advanced semi-autonomous driving system to date.
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2019 Subaru Ascent Production Will Create New Jobs At Indiana Plant

19 cup holders, seating for eight, and the platform from the Impreza. The Ascent is the next big thing for Subaru, and as the automaker prepares to roll out the mid-size crossover next year, the Lafayette plant will benefit from a $140 million investment to support production of the newcomer.

As part of those $140 million, the Indiana-based plant will grow … (continue reading >>)

New Ford Fusion And Mondeo Production Won’t Move To China In 2020

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New Ford Fusion And Mondeo Production Won’t Move To China In 2020

14 Dec 2017, 15:06 UTC · by Mircea Panait
/ Home / News / Industry

The Fusion in its second generation was introduced in 2012, and over in Europe, the Ford Motor Company calls the mid-size sedan Mondeo. Manufactured in Mexico and Spain, the Fusion/Mondeo was rumored to change its stomping ground to China from 2020 as a means to consolidate global production. But in the end, it turned out that the rumors were false.
10 photosA statement released by Ford goes along these lines, as reported by Automotive News: “We have no plans to export the next-generation Fusion/Mondeo from China to North America and Europe.” The Michigan-based automaker will release more information on what’ll happen from 2020 onwards, when the all-new model will be launched in both North America, Europe, as well as China.
The rumors were started by unnamed sources reportedly close to the Ford Motor Company. In the first instance, the Blue Oval could’ve gone with the change considering that most variants of the next-generation Focus for the North American market will be supplied from the People’s Republic.
Another detail that spelled trouble for the Fusion’s future is sales, with U.S. volume down 22 percent through November 2017. Over in Europe, the Mondeo lost 21 percent. To make matters worse, the mid-size sedan segment is on the downward spiral in almost every corner of the globe.
The biggest reason Ford and other automakers are shifting from sedans is increasing demand for utility vehicles. Crossovers, SUVs, and body-on-frame behemoths, just about everything goes with today’s buyers as long as the driving position is adequately high.
Regarding the Fusion and Mondeo’s current plants, the one located in Valencia, Spain gears up for a 750-million euros investment in preparation for the next-generation Kuga (a.k.a. Escape in North America). As for the factory in Hermosillo, Mexico, it’s unclear what the Ford Motor Company has in the pipeline for this place. In related news, Ford’s Cuautitlan plant in Mexico is confirmed to manufacture an electric crossover from 2020, a high-riding EV with an estimated driving range of 300 miles.

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Continued growth in asset finance

6 October 2017
New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) grew by 3% in August, compared with the same month last year.
The plant and machinery finance sector reported new business up in August by 4% compared with the same month in 2016, while new finance for business equipment was up by 8% over the same period.
Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said:
“The asset finance industry has reported solid new business growth so far in 2017. Growth in asset finance provided to manufacturers has been particularly robust, with new business for production and processing plant up by more than 40% in the first eight months of 2017.”
Aug 2017
% change on prev. year
3 months to Aug
2017
% change on prev. year
12 months to Aug
2017
% change on prev. year
Total FLA asset finance (£m)
2,204
+3
7,957
+6
31,803
+6
Total excluding high value (£m)
2,163
+4
7,726
+10
30,643
+7
Data Extracts:
By asset:
Plant and machinery finance (£m)
502
+4
1,773
+21
6,546
+14
Commercial vehicle finance (£m)
513
-7
1,771
+1
7,479
+2
IT equipment finance (£m)
171
-3
595
+3
2,224
-2
Business equipment finance (£m)
187
+8
694
+10
2,567
+14
Car finance (£m)
613
+10
2,452
+9
9,842
+7
Aircraft, ships and rolling stock finance (£m)
7
-76
27
-82
611
+12
By channel:
Direct finance (£m)
1,108
+2
4,041
+9
15,571
+6
Broker-introduced finance (£m)
453
+7
1,385
+7
5,744
+16
Sales finance (£m)
602
+7
2,300
+12
9,327
+6
By product:
Finance leasing (£m)
272
0
989
+5
4,018
-2
Operating leasing (£m)
470
+4
1,687
+9
7,107
+8
Lease/Hire purchase (£m)
1,194
+3
4,201
+7
16,618
+9
Other finance (£m)
268
+4
1,080
0
4,059
+3
Note to editors:
In 2016, FLA members provided £118 billion of new finance to UK businesses and households. £30 billion of finance was provided to businesses and the public sector. FLA members financed more than a third of UK investment in machinery, equipment and purchased software in the UK in 2016.For media enquiries, please contact the FLA press office on 020 7420 9656.

Panasonic Supports the Tokai University Solar Car Team in a World-Leading Solar Car Race, “2017 Bridgestone World Solar Challenge”

Aiming to Return to the No. 1 Spot After a Drop in Position for the Last 2 Races Osaka, Japan – Panasonic Corporation signed a sponsorship contract to support the Tokai University Solar Car Team again this year as they compete in the “2017 Bridgestone World Solar Challenge” (WSC), one of the world’s top-rated solar… Continue reading Panasonic Supports the Tokai University Solar Car Team in a World-Leading Solar Car Race, “2017 Bridgestone World Solar Challenge”

Oct 02, 2017: StreetScooter shifts into high gear

With Deutsche Post DHL Group and a number of third-party customers looking to cost-effectively increase range for use in other applications, the company is now producing the currently available model also with boosted performance: Joining the current vehicle that features a range of 80 kilometers and a top speed of approximately 85 km/h will be… Continue reading Oct 02, 2017: StreetScooter shifts into high gear

Panasonic to Increase Automotive Lithium-ion Battery Production in Japan

Osaka, Japan – Panasonic Corporation today announced that it has decided to start production of automotive lithium-ion batteries at a factory in Himeji, Hyogo Prefecture, expanding domestic production amid increasing demand for such batteries. The global market for eco-conscious vehicles has been growing in response to stricter worldwide environmental regulations on automobiles as well as… Continue reading Panasonic to Increase Automotive Lithium-ion Battery Production in Japan

Panasonic to Start Mass Production of Electronic Rear-view Mirrors, the First Product Jointly Developed with Ficosa

Osaka, Japan – Panasonic Corporation announced today that it will start mass-production of electronic rear-view mirrors in September 2017, the first product jointly developed with Ficosa International S.A., a tier-one supplier of automotive parts and systems in Spain. In June 2015, Panasonic invested in the Barcelona-based company, which supplies automotive mirrors to a wide variety… Continue reading Panasonic to Start Mass Production of Electronic Rear-view Mirrors, the First Product Jointly Developed with Ficosa

BMW are less subsidized for plant in Leipzig to

Tuesday, 09/12/2017 12:51 clock BMW stand for the production of electric cars in Leipzig, according to a ruling of the EU court less subsidies than announced. Instead of a regional investment subsidy of 45 million euros, the state could only help with 17 million euros, judges ruled in Luxembourg. The court followed the view of… Continue reading BMW are less subsidized for plant in Leipzig
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