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Vauxhall axes 250 more jobs at Ellesmere Port plant
Vauxhall’s Ellesmere Port car plant, where the Astra is built. Photograph: Christopher Thomond for the Guardian Vauxhall Vauxhall axes 250 more jobs at Ellesmere Port plant Car manufacturer announces further cuts at Wirral site, where Astra is made, bringing total number of job losses to 650 Car manufacturer Vauxhall is to cut another 250 jobs… Continue reading Vauxhall axes 250 more jobs at Ellesmere Port plant
This is going to be the world of the automobile and mobility in 2018
The study2025 Automotive 360º VisionIt is not a crystal ball, but it is a tool that anticipates tendencies of evolution in the automobile sector and mobility. This time we want to share with you some of our impressions for next year, while we take the opportunity to wish you a great 2018. Today we all… Continue reading This is going to be the world of the automobile and mobility in 2018
Jaguar Land Rover reports record annual sales
The UK’s biggest carmaker, Jaguar Land Rover (JLR), has said sales hit a record high last year. The company said Jaguar sold 178,601 cars, up 20% on the year before, while Land Rover sales rose 2% to 442,508. JLR said sales had more than tripled since 2009. It said this was the seventh successive year… Continue reading Jaguar Land Rover reports record annual sales
JLR sells record 621,109 vehicles in 2017
Luxury carmaker Jaguar Land Rover sold a total of 621,109 vehicles in 2017 an increase of 6.5 percent compared to same period the previous year. The company says that despite tough conditions in some markets it has been able to achieve record global sales including retail sales of 55,697 units an increase of 0.6 percent… Continue reading JLR sells record 621,109 vehicles in 2017
Porsches rapids
P Orsche is under renovation, in every sense. Literally because the Zuffenhausen headquarters are currently a single construction site and they are pounding a new plant out in the middle of the city. And on the other hand, because the sports car manufacturer is looking for its way into the future and wants to find… Continue reading Porsches rapids
VW redistributes responsibility in the Group
V olkswagen CEO Herbert Diess will divide responsibility within the Group for the world regions in the future for his brands. In the future, one leading brand will take over group-wide control of a clearly defined world region, said Volkswagen on Friday in Wolfsburg. Decisions could be made more decentralized. “We’re giving the responsibility over… Continue reading VW redistributes responsibility in the Group
Toyota-Mazda Shared Plant To Crop Up In Alabama Or North Carolina
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Toyota-Mazda Shared Plant To Crop Up In Alabama Or North Carolina
15 Nov 2017, 14:32 UTC · by Mircea Panait
/ Home / News / Industry
Building and selling cars is big business. And in addition to big, it’s complicated business for one too many reasons, chief among which is legislation. In the U.S., for example, it’s easier for foreign automakers to build cars locally because the state will offer incentives. This, in turn, creates jobs, and the pricing advantage over imports is nothing to scoff at.
9 photos Toyota and Mazda find themselves in this situation, with the two announcing that they’re planning on spending $1.6 billion on a plant in the United States that will create 4,000 jobs. The factory would be operational by 2021, but there’s a catch with this promise. And that catch is, Toyota and Mazda have refused to spell out the location where the plant will be.
The background story originates with Donald Trump, who attacked Toyota with a “big border tax” over the automaker’s plan to construct a factory in Guanajuato, Mexico. There, Toyota would’ve produced the Corolla, but once President Trump got in on the action, the Japanese automaker decided that it would be better to build the Tacoma in Mexico.
Trump’s attack wasn’t in vain, for the POTUS convinced Toyota to relegate Corolla production to the United States, at the factory this story is about. Mazda joined Toyota in its ambitious plan, with Mazda announcing that it'll build “new crossover vehicles” at the yet-to-be-constructed plant.
According to Bloomberg, the search for a location for the Toyota-Mazda plant has been narrowed to two states: Alabama and North Carolina. All that’s left to do now is for state officials to sweeten the deal, with Toyota-Mazda expected to take the better offer as far as incentives are concerned.
Whichever state wins, the shared factory is actually a victory for the Trump administration. After all, it is “the first new auto assembly plant to be announced during the tenure of President Donald Trump,” and that’s good news considering Ford will source the next-generation Focus from China.
Editor's note:
Mazda2 Sedan-based Scion iA pictured.
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1st year of Taxify South Africa
Taxify recently celebrated its 1st birthday in South Africa after launching back in 2016! Over this short period, Taxify has had a great impact on the way they have been moving riders across the country. What happened within the first year: Taxify Expanded to 3 of South Africa’s biggest cities within 6 months of launch.… Continue reading 1st year of Taxify South Africa
KKR-Backed Rundong Automobile Group Plans $138M HK IPO
Jiangsu province-based Chinese automobile dealership company Rundong Automobile Group is planning an IPO in Hong Kong to raise as much as US$138 million, according to an official prospectus. Rundong plans to sell 268.62 million shares at HK$3.58 to HK$3.98 per share, to raise as much as HK$1.07 billion (US$138 million). The proceeds will be used for acquisitions,… Continue reading KKR-Backed Rundong Automobile Group Plans $138M HK IPO