Toyota Japanese carmaker’s decision safeguards the jobs of 3,000 workers as Brexit fears continue A worker assembles a vehicle on the production line at Toyota’s factory in Burnaston, Derbyshire. Photograph: Bloomberg/Getty Images Toyota has announced it will build the next generation of its Auris car at its Burnaston plant in Derbyshire. The Japanese carmaker said… Continue reading Toyota to build new-generation Auris car in Derbyshire
Tag: Manufacturing
February 27 Suzuki January 2018 Automobile Production, Japan Sales, and Export Figures (Preliminary)
January 2018 (units) Year-on-Year Year-on-Year Trends Japan production 80,636 102.1% Up for the thirteenth consecutive month Overseas production 208,697 102.9% Up for the thirteenth consecutive month Global production 289,333 102.7% Up for the thirteenth consecutive month
Renault Cléon announces 200 hires on permanent contracts in 2018
The Renault Cléon plant (Seine-Maritime) announced Tuesday, February 28 in a statement the recruitment of 200 employees on permanent contracts. The Normandy factory manufactures with 5,300 employees (including 1,700 temporary) engines and gearboxes for Renault (65% of its production) but also for Nissan, Dacia, Samsung, Daimler, Fiat and Opel. In 2015, it also began manufacturing… Continue reading Renault Cléon announces 200 hires on permanent contracts in 2018
Toyota Announces the New Generation Auris Will Be Built at its UK Car Plant
Toyota to build the new Auris at its Burnaston car plant in the UK.
To compete with Tesla, Chinese automaker Nio would like to raise $ 2 billion in New York
The Chinese manufacturer of electric cars Nio sees big. He has mandated eight banks including Morgan Stanley and Goldman Sachs, for an IPO this year in New York, according to Reuters, which quotes sources close to the case. The operation could allow him to raise up to two billion dollars (1.6 billion euros). Nio, founded… Continue reading To compete with Tesla, Chinese automaker Nio would like to raise $ 2 billion in New York
China startup Nio hires eight banks for $2 bn US IPO
Other banks are Bank of America Merrill Lynch, Credit Suisse, Citigroup, Deutsche Bank, JPMorgan and UBS, said the people, declining to be identified as the deal details are not public. HONG KONG: Chinese electric vehicle startup Nio has hired eight banks including Morgan Stanley and Goldman Sachs to work on a planned US stock market… Continue reading China startup Nio hires eight banks for $2 bn US IPO
Honda to unveil the all-new CR-V at the Geneva Motor Show
Honda is set to reveal the European production version of the all-new CR-V at the 2018 Geneva Motor Show. The new generation of the world’s best-selling SUV* raises the bar in terms of interior quality, refinement and spaciousness – including, for the first time, the option of seven seats. The chassis is also the… Continue reading Honda to unveil the all-new CR-V at the Geneva Motor Show
News Release – Magna to Hold Investor Day
Please click HERE for a PDF version of the release. AURORA, Ontario, Feb. 27, 2018 (GLOBE NEWSWIRE) — On Wednesday, February 28, 2018, Magna International Inc. (TSX:MG) (NYSE:MGA), a technology company and global leader in the automotive industry, will hold an Investor Day event. Magna management will present on the state of the company, how… Continue reading News Release – Magna to Hold Investor Day
German cities can ban diesel cars, top court rules
LEIPZIG (Germany) • A top German court yesterday ruled in favour of allowing major cities to ban the most heavily polluting diesel cars, a move set to hit the value of 12 million vehicles in Europe’s largest car market and probably force carmakers to pay for costly modifications. There has been a global backlash against… Continue reading German cities can ban diesel cars, top court rules
Axon Automotive expands in larger factory
Axon Automotive has recently moved from its start-up location in Wollaston to a significantly bigger 4180 sq. m (45,000 sq. ft) factory site on the Brackmills Industrial Estate, also in Northamptonshire. This relocation, funded by new parent company Bawtry Investments, is in response to a fourfold increase in business over the last two years. Growth… Continue reading Axon Automotive expands in larger factory