Tag: Manufacturing

@Toyota: Toyota and Panasonic Decide to Establish Joint Venture Specializing in Automotive Prismatic Batteries

Toyota City, Aichi/Kadoma City, Osaka, Japan February 3, 2020―Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announced today that they have decided to establish Prime Planet Energy & Solutions, Inc., a joint venture specializing in automotive prismatic batteries. This decision comes just over a year since the two companies announced on January 22, 2019 that… Continue reading @Toyota: Toyota and Panasonic Decide to Establish Joint Venture Specializing in Automotive Prismatic Batteries

Auto industry: VW is investing hundreds of millions of euros in the construction of SUV models in Argentina

VW logo The car maker is investing in Latin America. (Photo: AFP) Berlin, Pacheco The Volkswagen Group invests in Argentina around 800 million dollars, equivalent to 720 million euros, among other things in the construction of a new SUV model for Latin America. VW plans to build the new urban off-road vehicle Tarek at the… Continue reading Auto industry: VW is investing hundreds of millions of euros in the construction of SUV models in Argentina

Daimler Shows Its New 1 MW Charging Park For Commercial Vehicles

Daimler is gearing up to gradually electrify its vans and truck lineup, which requires investments and new infrastructure. One of the things that has to be done are charging stations for test vehicles. Here is, for example, a new charging park for electric commercial vehicles at the Stuttgart-Untertürkheim headquarters, which can deliver about 1 MW… Continue reading Daimler Shows Its New 1 MW Charging Park For Commercial Vehicles

Mitsubishi Motors Reports January 2020 Sales

Sales of Outlander, Mitsubishi’s adventurous and enduring three-row, seven-passenger CUV, were up nearly 66 percent over January of 2019. Sales of the stylish and sporty Eclipse Cross increased more than 35 percent over the January prior. Mitsubishi Motors reported its seventh-straight year of sales increases in 2019, marking a 2.5 percent increase over the year… Continue reading Mitsubishi Motors Reports January 2020 Sales

Taigun: Volkswagen’s new midsize SUV for India

Volkswagen has long considered a mass-market SUV for India. However, the projects didn’t prove feasible and as a result the German carmaker couldn’t cash in on the surging demand for SUVs in the Indian market. The Volkswagen Taigun SUV concept, shown in the run-up to Auto Expo 2020, is a statement that the carmaker is… Continue reading Taigun: Volkswagen’s new midsize SUV for India

Hyundai Motor America Reports January 2020 Sales

FOUNTAIN VALLEY, Calif., Feb. 3, 2020 /PRNewswire/ — Hyundai Motor America reported total January sales of 42,744 units, a 5% increase in comparison with January 2019. The January sales result is the 16th time in the last 18 months that Hyundai has had increasing overall vehicle sales. Additionally, Hyundai achieved this overall sales growth while reducing… Continue reading Hyundai Motor America Reports January 2020 Sales

Mahindra’s Nashik plant rolls out its 25th lakh vehicle

Mahindra & Mahindra’s Nashik manufacturing plant today achieved a new milestone of rolling out its 25th lakh vehicle from the Nashik manufacturing facility. The milestone was achieved by the company’s popular Scorpio-brand, which was rolled out from the production. Speaking on this occasion, Vijay Kalra, chief of manufacturing, Automotive Division, Mahindra & Mahindra said, “This… Continue reading Mahindra’s Nashik plant rolls out its 25th lakh vehicle

France’s Renault extends Wuhan plant closure to Feb. 13

Employees work at Renault’s assembly plant in Wuhan, Hubei province, China, February 1, 2016. Renault plans to put China at the centre of its strategic plan for 2017-2022, Chief Executive Carlos Ghosn said on Monday at the inauguration of the firm’s first assembly plant in Wuhan, central China. REUTERS/Darley Shen PARIS (Reuters) – French carmaker… Continue reading France’s Renault extends Wuhan plant closure to Feb. 13

Veoneer Completes Divestiture of Japan and China Operations of Brake System Joint Venture

STOCKHOLM, Feb. 3, 2020 /PRNewswire/ — Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), the world’s largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, has completed the sale of its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to its joint venture partner Nissin-Kogyo… Continue reading Veoneer Completes Divestiture of Japan and China Operations of Brake System Joint Venture