MEXICO CITY, Nov 6 (Reuters) – Mexico’s auto production and exports fell sharply in October compared with the same month last year as production from U.S. automaker Ford Motor Co ground to a halt, according to data from the national statistics agency INEGI. Auto production declined 16.35%, while exports dropped 19.52%, the data showed. A… Continue reading Mexico’s auto production and exports drop sharply, battered by Ford
Tag: Manufacturing
Audi to increase engine production in Hungary, says Szijjártó
German carmaker Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Minister of Foreign Affairs and Trade Péter Szijjártó has said, international news wire Reuters reported.The carmaker, which is part of the Volkswagen group, has been making engines in Hungary since 1994.Of the 1.95 mln engines produced in 2018, 9,453 were electric axle drive units.
Rear-driven Audi R8 made full-time member of range
Audi has expanded its R8 line-up by making a rear-wheel-drive variant a full-time member for the first time. The limited-edition V10 RWS was released in 2018 as the first ever rear-driven R8. That model comprises the basis of the new car, which is named the V10 RWD and will be available to order in the UK from January 2020. The supercar, which… Continue reading Rear-driven Audi R8 made full-time member of range
ŠKODA AUTO ‘dProduction’ project wins Automotive Lean Production award
During the award ceremony, Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, emphasised that, “With the ‘dProduction’ project, we have been consistently pressing ahead with the implementation of Industry 4.0 technologies. The continuing digitalisation of processes allows us to further optimise production quality, save time and reduce costs. Our state-of-the-art Kvasiny plant is already… Continue reading ŠKODA AUTO ‘dProduction’ project wins Automotive Lean Production award
£60m investment to transform Michelin site
Dundee’s Michelin site has received a £60m funding commitment to turn the former plant into an innovation centre. The new centre will focus on sustainable mobility, clean transport and low carbon energy. Tyre manufacturer Michelin told the factory’s workers last year that it would close the plant with the loss of all 845 jobs in… Continue reading £60m investment to transform Michelin site
Nov 06, 2019 Maruti Suzuki and Toyota Tsusho to set up Vehicle Dismantling and Recycling unit
New Delhi : Maruti Suzuki and Toyota Tsusho Group, today announced setting up one-of-its-kind vehicle dismantling and recycling joint venture, Maruti Suzuki Toyotsu India Private Limited (MSTI). The joint venture is between Maruti Suzuki India Limited (MSIL) and Toyota Tsusho Group (Toyota Tsusho Corporation (TTC) and Toyota Tsusho India Private Limited (TTIPL)) with each owning… Continue reading Nov 06, 2019 Maruti Suzuki and Toyota Tsusho to set up Vehicle Dismantling and Recycling unit
November 5Suzuki Announces Financial Results for FY2019 Second Quarter (April 2019 to September 2019)
5 November 2019 Suzuki Announces Financial Results for FY2019 Second Quarter(April 2019 to September 2019) – Decreased net sales and income owing to the impact of decrease in Japan production due to restructuring of final inspection structure, as well as slowdown in the Indian automobile market 1. Outline of Financial Results for FY2019 Second Quarter… Continue reading November 5Suzuki Announces Financial Results for FY2019 Second Quarter (April 2019 to September 2019)
Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Report to 30 September 2019
Ladies and Gentlemen, Good morning! In the first nine months of the year, business development has so far met our expectations. In the third quarter, all segments are on course for growth, as planned. As expected, our financial figures have improved from quarter to quarter throughout the year. In a challenging and extremely volatile business… Continue reading Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Report to 30 September 2019
Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Report to 30 September 2019
Good morning, Ladies and Gentlemen! In recent years, much has been written about how car manufacturers need to change their business model. What people don’t talk about enough is the fact that the real transformation is taking place in the vehicle itself. That is where the real challenge lies. The car is a highly complex… Continue reading Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Report to 30 September 2019
Ford Joins Cross-Industry Initiative for a Call-to-Action on Climate Change and Fostering a Sustainable Europe by 2030
Ford of Europe joins the call for businesses, governments and organisations to work together to develop a Sustainable Europe 2030 strategy The Call-to-Action is initiated by CSR Europe, the European business network for Corporate Sustainability and Responsibility, endorsed by more than 250 CEOs and company leaders Ford supports CO2 reductions consistent with the Paris Climate… Continue reading Ford Joins Cross-Industry Initiative for a Call-to-Action on Climate Change and Fostering a Sustainable Europe by 2030